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Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Market Moves more

What’s the safest bet on gold? Ignore the wild predictions

Posted on 22 January 2014

After enjoying a relentless bull run that lasted 12 consecutive years, gold finally broke in 2013. Having become a darling of the investing world for most of the prior decade, gold’s almost 30% losses hit especially hard, as the precious metal finally saw a correction.
The downward spiral was brought on largely by a massive year for equities, as the S&P 500 saw its best annual return since 1997, prompting many to flee metals markets to try their luck with white-hot equities. Now that gold is sitting around $1,250 per ounce, the wild and crazy predictions for its future are just around the corner……………………………..Full Article: Source


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This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


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