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Will Gold Make It 9 Out Of 9?

Posted By admin On December 31, 2012 @ 11:35 am In Money Watch,Tile | Comments Disabled

Zero Hedge [1]
Dec 31, 2012

For the pastĀ eight years-in-a-row, that worthless yellow barbarous relic that some call ‘Gold’ has outperformed the ‘precious’ Dow Jones Industrial AverageĀ (even with the constant DJIA re-indexing where the losers are quietly taken out back and shot). As we enter the last day of trading in 2012,Gold still holds a slight edge +6.3% on the year vs the Dow’s +5.9%. Will 2012 break the record-breaking run? Or will Warren Buffett’s nemesis once again outperform equities and with lower volatility – just a few more hours to find out…

 

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[1] Zero Hedge: http://www.zerohedge.com/news/2012-12-31/will-gold-make-it-9-out-9

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