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Decade of Hot Commodities – Gold Does Well

U.S. Global Investors has unveiled their update to their Periodic Table of Periodic Returns. Gold has done well. According to the article, "Gold had the most positive years – its streak now stands at nine straight years after a 5.5 percent loss in 2000, when the bullion price dipped below $265, roughly a quarter of the current price. Oil, platinum and silver all had eight positive years during the decade, while nickel had six down years."

Further, "We believe that the secular bull market for commodities and natural resources stocks that began in 2000 is far from over. The International Monetary Fund believes that commodity prices will rise further in 2010 as a result of global economic recovery and escalating demand from fast-growing emerging markets." So, general support for gold and other precious metals is in the cards as they fill other rolls than that of currency. Read more in 'Seeking Alpha'

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