2012-03-28chrismartenson.com

``Note in this next chart that if one simply bought gold and held it only during the open and close of the US daily fix, one would have lost 70% of one's money during the same period of time that gold rose in price by more than 500%... Here we might ask a simple question: How is it possible that an asset that rose across all world markets by more than 500% fell during active trading in the most important market of them all (by volume) by 70%?''



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