Not very well.
Its been about a year since I talked about gold. In June 2013 I pointed out Another Big Drop in Gold.
Which was a bit after I asked Is Golds Run Finally Coming to an End?
Yeah I think the bull run of gold is officially over. 2013 was a bad year for gold with the prices dropping nearly 30% for the year. 2014 hasn't been very good either and so far gold spot prices are virtually flat.
Here's GLD versus SPY for the past 12 months:
 |
| (click for full size, source: Yahoo.com) |
Not pretty for gold.
--
Posts
