The second half of February is the time when the new yearly edition of the Crédit-Suisse Global Investment Returns Yearbook (CS-GIRY). is released. The investment community is eagerly looking forward to this publication.
The latest downturn of gold brought the yellow metal to a Friday close of $1315.7, easing barely 1.22% over the week and still holding on to a tiny advance year-to-date. However the HUI plunged 7.17% leveraging gold down sixfold. While miners had been persistently lagging the metals throughout 2017, their decline currently is aggravating.