This article was written by Daniel Sesay, Chief Market Strategist at The CityTA.
Second class investment?
It is hard to believe that in 2003 gold was roughly $250/oz and by 2011 gold was trading st $1900/oz. This was roughly a 700% gain. If I am not mistaken, gold outperformed stocks, housing and commodity investments.
One thing I am sure of is that one of these players will dominate 2016
It is naturally a wonder that gold still is somehow looked at as a second class investment relative to equities. I am not talking about paper gold here but the good old physical ... (read more)