Why gold still makes sense

Dominic McCormick | Select Asset Management | 22 March 2013

The case for including gold in portfolios is being questioned and challenged, perhaps more strongly than at any time in its 12-year bull market.

Since late 2011, the gold price has been on a rollercoaster ride, peaking at over $US1900 in September 2011 before trading in a large range in the 18 months since, with lows around $US1500 and trading around $US1580 at the time of writing. Gold stocks have fared worse, having fallen twice as much as gold - or more t...