Gold May Be Losing Traditional Role in Diversified Portfolio

"Conventional wisdom has it that you should devote a small portion of your portfolio to gold, which should maintain its value or appreciate in times of turmoil for financial markets.

But that relationship has broken down recently. While markets have been roiled by debt crises in Greece and Puerto Rico and by a plunge in Chinese stocks, the precious metal has dropped to a five-year low, trading at $1,085.40 an ounce late Tuesday."

Australia pushes to recognize bitcoin as regular currency

"The Australian government on Tuesday suggested treating bitcoin and other digital currencies on a par with standard money in the country. The move comes in contrast to an earlier position towards digital currencies as "intangible assets.""