| Is it premature to declare that gold's bear market is finally over? It certainly looks that way to some chartists, who are making a big deal of gold's double-bottom at the end of last year just below $1,200. Since then, bullion has risen by $140 an ounce, or more than 10%.
Even if gold's bear market has ended, it was no slouch: From a September 2011 high of $1,925 an ounce the decline lasted for 27 months and took 38% off of bullion's price. Gold-mining stocks had a particularly rough time: The NYSE Arca Gold Miners Index fell 70% from September 2011 to its December 2013 low...............................................Full Article: Source
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