Gold prices have dropped 20 percent since September, and some experts think it's time to give up on the gold market as prices continue to fall. But if another financial crisis hits, investors will once again be clamoring for gold.
Gold prices tumbled 6 percent after hitting a new record in late April. Investors who sense trouble ahead expect gold prices to surge higher. But other precious metals are poised to rise if the recovery strengthens.
The price of gold has soared almost 32 percent in a year, making it the best of investments. The rise has been fueled by rock-bottom interest rates and inflation fears. Can the good times last?
Bond funds have netted an estimated $170 billion this year, while the price of gold has more than quadrupled.
May 2010 was the worst May for US stock markets in 70 years. Even star hedge fund managers lost out.