The Major Bull Market That No One's Talking About Dear Money & Crisis Reader, Quietly and with little fanfare, gold just hit its highest levels in seven years. And the precious metal is outperforming stocks dramatically this year. The S&P 500 remains down 6%... gold is UP almost 17%. Heck, gold is even outperforming TECH stocks by 200% (the NASDAQ is up 8%). I say “quietly” because you’d think that gold’s outperformance would be getting plenty of attention, but you’d be wrong. An Under-the-Radar Overachiever The financial media continues to focus on tech stocks like Apple and Microsoft. It’s almost impossible to find a time where CNBC or other financial media outlets even bother mentioning gold… despite the fact that it’s outperforming the best stock market sector by 200%! And bear in mind, gold priced in US dollars is actually lagging behind its performance when priced in other currencies. Priced in other major currencies – yen, euros, and francs – gold has already hit all-time highs! So… what does this mean? |
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