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Barry Ritholtz: Gold's Long Decline Is The Real Story

FYI: Equity markets started off this year by falling. They rallied in February, working their way back into the green. The Standard & Poor's 500 Index now is up about 1 percent for the year.

Gold has traveled the opposite path: The yellow metal began at about $1,175 an ounce. By Jan. 23, it had rallied to almost $1,300. In February, gold slipped about $60 and the fall continued this month. Gold now is down about 1.6 percent year-to-date and it wouldn't be a surprise if the precious metal fell more this month.
Regards,
Ted
http://origin-www.bloombergview.com/articles/2015-03-10/gold-is-in-long-term-decline-while-stocks-are-in-a-bull-market
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