Don't Let Your Gold Profits Turn To Dross

WHILE equity and bond markets have remained relatively sanguine regarding the impasse in negotiations on America's debt ceiling, gold nevertheless achieved another (nominal) high today, at $1,622. Thatâ??s one more milestone in an extraordinary run that began over a decade ago. As of Monday, goldâ??s 10-year annualised real return was 16.8%. By comparison, American stocks managed a return of just 14.8% during the 1990s, in a roaring bull market.