Thursday, July 12, 2012

Get Ready For Gold's Seasonal Strength

Special to The Globe & Mail

The period of seasonal strength for gold bullion is approaching.
Thackray’s 2012 Investor’s Guide notes that the optimal time to invest in gold bullion for a seasonal trade is from July 12 to Oct. 9. The trade has been profitable during 11 of the past 14 periods. During the past 25 periods, gold bullion has outperformed the S&P 500 Index by 4.7 per cent per period.