Ignoring the Gold Predictions
January 20, 2014 at 09:00 AM EST
After enjoying a relentless bull run that lasted 12 consecutive years, gold finally broke in 2013. Having become a darling of the investing world for most of the prior decade, gold’s almost 30% losses hit especially hard, as the precious metal finally saw a correction. The downward spiral was brought on largely by a massive year for equities, as the S&P 500 saw its best annual return since 1997, prompting many to flee metals markets to try their luck with white-hot equities [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Weak Diwali Gold Purchases May Spell Trouble for Gold What To Do With Losing Gold Positions India Could Help Gold Rebound Jim Rogers: Why Gold Broke Its Bull Run Schiff: History Suggests Gold Will Skyrocket Again