Stocks Beat Gold in 2012
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December 25, 2012 - 8:07pm
Bullion Vault Article of the Week
Written by Adrian Ash, Bullion Vault
As the year comes to an end, gold in 2012 is set to underperform the US stock market for the first time since 2004...
So the world didn't end on the shortest day of 2012, as forecast by no-one beyond lazy journalists and internet frauds. But the long bull market gold has choked its last. Or so some soothsayers claim.
Bloomberg: "Gold, [enjoying] its longest winning streak in at least nine decades, is poised to enter a bear market..."
Interactive Investor: "Is gold's bull market over? Market commentators [are] citing a tumultuous economic environment. Others say it has simply been over-bought, and as with each bull market, inevitably reach[ed] a point of resistance..."
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