Gold: for whom the bell tolls
By GCRU Gold News on Tuesday, December 27 2016, 23:41 - Permalink
In statistics, bell curves depict a normal distribution. The gold price traced just such a shape in 2016, but it was hardly the outcome bulls would have hoped for. A year that began with concern about negative rates ended with reflation expectations in the world’s largest economy. Gold will finish the year about where it began: near $1,000 an ounce. Miners of the metal have also lost most of their gains.