Gold Consistently Outperforming the Market This Century

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Gold finished July up a further two percent, signaling its best month since February. In the face of a dollar that is in continued decline, it is leading many investment experts and commentators to suggest that this most traditional of investment options is the safest bet going in otherwise uncertain economic times.

Gold is consistently trading above its 50-day and 200-day moving averages, a good indication that its performance will continue to remain strong. The declining value of the US Dollar, on the other hand, shows no sign of reversing and suggests that there will be no relief through an increase in interest rates any time soon.

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