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Bull market or bear market – where does gold stand now?

Posted on 06 December 2013

Is gold still in a bull market or a bear market? Opinions differ but in reality the answer to both questions could well be yes. It all depends where you start from! Over 12 years gold has risen from $250 to around $1,230 at the time of writing – definitely a bull market then?
Over the past two and a bit years gold has fallen from around $1,900 to $1,220. That looks as though it may be a bear market then? Well yes – or is this just a major correction in a secular bull market? To an extent it depends on whether you are a gold bull or a gold bear as to which viewpoint you take………………………………………..Full Article: Source


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VRS - who has written 36088 posts on Opalesque Commodities Briefing.


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