Friday, March 21, 2014

March 21, 2014 Gold is beating nearly every investment this year

http://www.marketwatch.com/story/gold-is-beating-nearly-every-investment-this-year-2014-03-21?dist=beforebell

After a 28% price plunge in 2013, the worst since at least 1984, analysts weren’t expecting much from gold this year. Many big banks were forecasting average 2014 prices below $1,300 an ounce, down from last year’s average of $1,413. But the precious metal has already managed to outperform U.S. stocks, bonds, emerging markets and the dollar.

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