By Robert Tyerman | Wednesday 31 December 2014
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Gold has been the despair of its fans ever since hitting $1,900 an ounce three years ago. Instead of soaring above $2,000 and on into the stratosphere, amid international political and economic turbulence, the perverse yellow metal has slithered back to below $1,180 an ounce, as the US economy and dollar have proved unexpectedly strong and oil has lately taken a spectacular tumble.
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