| 02.04.2013 - Short gold as the economy gets better, $1,400 price target likely |
| Gold has not been able to enjoy a rally that equity markets have saw. Year to date, gold is down 4.5%, while the S&P is up 10%. The reason why gold is down may speak for itself. It's often believed that a strong equity market will translate to a lack of demand for gold. Gold is a hedge when the market is falling, so it's pretty clear investors have little reason to invest in gold when equity prices are rallying...............................................Full Article: Source |