| It’s been tough finding winners in financial markets so far this year. Nearly every asset class is moving together in lockstep … to the downside. But one asset that’s been much maligned in recent years, practically given up for dead in fact, is glittering again: Gold! The Dow and S&P 500 are both down 8% year to date.
Small caps have it worse with a double-digit decline of 12.2%. China’s Shanghai Index plunged 20% in the last three weeks alone. And most commodities are still getting shellacked with nat gas down 6.7% and Oil plunging 15.1% already this year. But it looks like gold got its groove back in 2016!..............................................Full Article: Source |