03.05.2016 - Gold's surge is making it feel a lot like late 2007
Gold is enjoying an incredible year, surging 22 percent as the S&P 500 is barely positive. What's rare is for the yellow metal to outperform the market so dramatically in a year when stocks are up. In fact, going back to 1980, there has been only year in which gold has outperformed the S&P by 20 percent or more while the latter was positive on the year: 2007. Both gold and the fear-measuring CBOE Volatility Index surged in the second half of that year, even as stocks maintained their footing. The crash, of course, came in 2008...............................................Full Article: Source
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