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What's common between gold, Apple and Facebook
With the global economy set to improve and the US Fed hinting at another bond buying scheme, gold has lost favour with investing circles. However, what's interesting is that a similar plunge in IT stocks like Facebook and Apple has corresponded with the gold plunge.From 1 October 2012 to mid-May 2013, Apple shares dropped 60 percent, whereas the safe-haven Gold Trust ETF fell 23 percent. While the ...
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