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Transcripts For CNBC Closing Bell 20140516

But the bond market was plunging this week. And theres been some geopolitical concerns and moving to the sidelines. Well hold up here. Gold Holding Around 1,300 an ounce. Sam walsh of rio tinto is here exclusively. Well find out where he thinks the price of gold iron ore and those metals are going and what it means for the economy. Another bad day for General Motors. The government has imposed a 35 million fine on the automaker for his handling of the ignition switch flaw that caused certain models to lose power without notice. Now our phil lebeau will join us with the story. The incredible video of phil in up of those gm cars when it actually loses power. Its amazing and frightening. Youll get to sort of be in the drivers seat when this happens. And if youre wondering why 35 million. Its apparently the most the government could levee of on
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