The Last-Minute Race for Gold

by Jocelynn Smith
The Sovereign Investor

Investors can feel the storm building on the horizon. We started the year off rough, with stocks immediately diving into negative territory. At the same time, gold soared.

Sure, as we work our way through the final month of the second quarter, stocks have gotten their heads back above water — the S&P 500 is sitting on a gain of roughly 2% for 2016.

But gold — despite some recent profit-taking — is still up more than 20% in 2016. And gold is likely to remain a hot ticket in 2016 as the global market struggles…

Despite numerous talking heads claiming that gold is dead and the precious metal has no use, demand for the commodity remains red hot.

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