The Rise and Rise of Gold – Graphic of the Day

With lots of investors bailing out of the stock market, gold continues to rise. Known as a “fear investment,”today’s graphic charts gold prices since the 1970s. Gold vaulted above $1,700 an ounce for the first time on Monday. [Click graphic to enlarge]

Update: In this Reuters Insider video below, Prop trader Gil Morales, co-founder of “Virtue of Selfish Investing,” discusses how to spot the end of the upward gold trend and how to get into an existing trend in these volatile markets.

Finance, Infographics