The momentum crowd piled into Japanese and Emerging Market stocks in 2013. The MSM dutifully bashed gold at year end, declaring it dead as an investment after an uninterrupted 12 year bull market, which they missed. After one month, it seems the momentum crowd has a problem and investors in the barbarous relic may not be so stupid after all. You also may be paying more for your ethanol this year, as corn prices are rising. But at least you can eat bread, as wheat prices have plunged.
I wonder if that bloviating fat ass Long Island lawyer, pretending to be a an investing guru, Barry Ritholtz missed the little gold rally? He missed the 1st twelve years of the gold bull market, but spent 2013 doing a victory dance about finally being right. He was probably too busy shilling his latest book, conference, or investment firm to notice the gold rally.