With investors searching far and wide for market gains, one portfolio manager is "puzzled" why gold continues to be ignored and shunned.
Trey Reik, senior portfolio manager at Sprott Asset Management, noted that gold has had an impressive run since 2001, significantly outperforming the S&P 500.
"Gold has generated positive annual returns in 14 of the past 17 years. What is even more impressive is gold's performance compared to the S&P 500 Index," he said in a report Tuesday. "Gold's compound annual growth rate for the 16.75 years (2001 to 9/30/17) stands at 9.68 percent versus 6.01 percent for the S&P 500 Index (dividends reinvested)." ...
... For the remainder of the report:
http://www.kitco.com/news/2017-11-07/Gold-Has...he-S-P-500-S...
