Interesting that they managed to use "marketwatch.com" as the display URL at the bottom of the ad. If the link is going to the goldfellow URL first, then then the display url should match goldfellow. It is another violation of Adwords policy if your display URL and destination URL are different.

(Although in this case, I guess the destination URL is marketwatch.com.... eventually. But if they are using the redirect this Adwords user did not enter a display URL that matched the destination URL they entered.)

It is against the terms.

http://adwords.google.com/support/aw/bin/static.py?hl=en&...

"...advertisers cannot use destination URLs that automatically redirect to another website or that act as a bridge page."

They're not using a destination URL that redirects or acts as a bridge page. They're using a redirect to the destination URL.