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Bloomberg begrudgingly acknowledges gold's strong performance
11:26a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
What's notable about the commentary below, "A Believer's Guild to Buying Gold Now," isn't anything asserted in the commentary itself but that it was first published today on the Bloomberg news internet site, which long has treated gold only with great resentment.
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Imagine how Bloomberg's editors -- and most editors at mainstream financial news organizations -- must chafe at this line: "Physical gold has outperformed the U.S. stock market since 2000 and is up close to 122% over the last five years."
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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A Believer's Guide to Buying Gold Now
By Merryn Somerset Webb
Bloomberg News
via Yahoo News, Sunnyvale, California
Friday, July 17, 2026
Got gold? If not, maybe this is the year to get some.
While the last five months haven't been great, with the price off by about 19%, look back over the last few decades and you will see that being a gold bug has been very much a winning strategy.
Physical gold has outperformed the U.S. stock market since 2000 and is up close to 122% over the last five years.
The long-term story of gold holds. As a place to store wealth, it's more important than ever. And with the rise of exchange-traded funds, gold has never been easier to invest in. ...
... For the remainder of the commentary:
https://finance.yahoo.com/markets/commodities/articles/believer-guide-buying-gold-now-143344382.html
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