10.12.2013 - Why gold prices won't rise in 2014
The price of gold is on track for its largest annual fall in 30 years after declining 27% in the last 12 months. The drop has resulted in a bludgeoning in the share price of Australia's listed gold miners. Newcrest Mining , which was worth $24 per share at the start of this year is now able to be picked up for just $7.20 down 70%. Silver Lake Resources has lost almost 90% of its value to sit at $0.39. Investors have been truly hung out to dry. But is there more pain to come, or will prices bounce back and ?revert to mean??..............................................Full Article: Source
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