| Given gold’s recent lethargy, it’s easy to forget just how well it has performed over the last twelve months. At the time of this writing (early December 2011), gold is up around 22% on the year.
Compare this to the major global stock indices: The U.S. Dow Jones Industrial Average is up around 4%; the UK FTSE100 is down 7%, the German DAX has fallen 14% while the Japanese Nikkei 225 is down 15% and the Shanghai Composite is heading for an 18% loss. Even when looking at other metals, gold has outperformed. Silver is about 3% higher while COMEX copper has fallen around 20% over the last twelve months...............................................Full Article: Source
|