Does 2013’s gold price correction offer a superior acquisition opportunity?
*Barron's, by Lauren R. Rublin & Fred Hickey, February 3, 2014
”Hickey: …My second pick is gold, which I have recommended for several years. It had a terrible year in 2013, falling 28% after 12 consecutive up years. It’s like seeing a stock go from $2.50 to $19 to $12. There are corrections in big secular bull markets. Gold had one in the 1970s, when it fell 46%. Then it went up eightfold. In a money-printing environment, the secular bull market in gold isn’t over.”
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