77-year chart shows upswing in gold mining stocks have hardly begun
Every bull market in gold equities going back to 1942 ended in a parabolic spike lasting nine months on average, resulting in prices doubling at a minimum.
While 2013 will go down as the year gold lost its glitter, 2014 may be remembered as the era it recovered some sparkle, yet it remained dull — analysts.
Predictions of a hard landing in China will not pan out and global emerging market growth will accelerate in 2014 lifting demand for metals and minerals.
Head of non-traditional asset classes at top Swiss wealth firm says 2014 will be awful for gold, but if you must own it, best keep it under your mattress.
Gold jumped again on Friday and with shorts climbing to a record 8,3m ounces any sustained rally will spark a scramble by hedge funds to cover their positions.