Junior Gold Stocks Carnage
As 2011 comes to a close, investors will reflect on one of the most tumultuous years in market history. Though the stock markets were essentially flat on the year, those who’ve had skin in the game probably feel like they just stepped out of a barrel that went over Niagara Falls.
In assessing what worked in 2011, investors can yet again take solace in “old reliable”. For the eleventh consecutive year gold will have returned positive gains. Not only has gold’s secular bull delivered consistency, it has delivered robust returns that have greatly rewarded investors. Since its low of $256 in 2001, gold has soared 640% to its high earlier this year. And with only a couple days remaining, gold is looking to close out 2011 with a 9% gain despite its recent selloff.
Originally from The Market Oracle


