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I Vishaal Behl started out doing technical analysis and did really well on a small trade, I questioned the sustainability of my success with the trade and tried repeating the process with other stocks. So I searched for other ways of making money in the stock market. I began reading about... More
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  • Vishaal Behl -Gold Outlook: Will Gold Bounce Back In 2014? 1 comment
    Jan 22, 2014 1:34 AM

    Vishaal Behl - Investment in gold was hit by a numbers of factors this year. That saw the precious metal tumble down.

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  • Vishaal Behl
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    Author’s reply » 2013 will go down as the annus horribilis for gold, to quote a famous monarch who coined the term as a pithy description for a series of misadventures that befell the British royal family in 1992.

     

    Similarly, gold, as an investment class, was hit by a number of factors this year that saw the precious metal tumble from its perch as a safe, reliable asset that for the past several years has been an attractive alternative to depreciating fiat currencies, a hedge against inflation, and a store of wealth — the latter a sort of insurance policy taken out against future economic calamity.

     

    At the time of this writing, gold had suffered another significant drop in a year that has seen it plummet more than 25 percent in value; or 37 percent lower than gold’s record high of $1,923.70 an ounce reached in September 2011.
    22 Jan 2014, 01:37 AM Reply Like
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