Gold has long been a store of value.
But, in 2013, gold took a hammering. The Federal Reserve began to slow its quantitative easing (QE) policy, and with that stimulus gone, plus the fear of inflation not on the radar in the short term, the price of gold plummeted. The price drop was a direct result of investors foreseeing the end of the Fed's QE.
Gold kicked off 2014 in a slight uptrend, however. This bodes well for the precious metal, but there's still a widespread lack of faith in the gold rally.
We'll keep you up to date on any movements in the price of gold, as well as the investment potential for this precious metal.