Yes bigP, another positive year for gold and when compared with other markets it looks even better. All this in spite of gold being in a correction since March of this year so wait until next year as gold appears primed for another stellar year.
| 2008: The year in markets |
| U.S. indexes |
| Dow Jones Industrial Average |
-35% |
| S&P 500 |
-39% |
| Nasdaq |
-42% |
| Dow Jones Financials |
-55% |
| Amex Oil Index |
-38% |
| International indexes |
| Germany DAX |
-40% |
| FTSE 100 |
-31% |
| Japan Nikkei 225 |
-42% |
| China Shanghai Composite |
-65% |
| Mexico IPC |
-24% |
| Brazil Bovespa |
-41% |
| Currencies/commodities |
| Gold |
+4% |
| Crude |
-64% |
| Dollar index |
+5% |
| Pound vs. dollar |
-27% |
| Dollar vs. yen |
-19% |
