The Lehman U.S. mortgage-backed securities index is up 7.46% over the same period.
Gold bulls were disappointed the yellow metal could not rally when the U.S. dollar index backed down Monday.
The U.S. dollar index backed down from its daily high and fell below unchanged in midday trading Wednesday and that was a bullish factor for the precious metals.
FORBES: Comex Gold Rebounds On Bargain Hunting, Short Covering
But then in late-morning trading the stock markets moved well off their lows, the Euro rallied off its lows, crude oil began to rally and the U.S. dollar index backed well down from its high.
FORBES: Comex Gold Rallies to 2.5-Month High on Safe-Haven Buying amid EU Debt Crisis
In fact, it is a well-funded start-up backed by some very savvy investors including Index Ventures and Greylock Partners.
The U.S. dollar index traded firmer Thursday but had backed well down from its daily high in afternoon trading.
FORBES: Comex Gold Ends Lower On Profit Taking Firmer U.S. Dollar Index
The yellow metal has backed well off the session high as the U.S. dollar index has moved up from its low and crude oil prices have moved down from their daily highs.
FORBES: Comex Gold Near Steady, Backs Off Daily High, Following Key "Outside Markets"
The Euro currency backed well down from its daily high while the U.S. dollar index moved well off its daily low.
FORBES: Comex Gold Near Steady, Backs Off Daily High, Following Key "Outside Markets"
The U.S. dollar index spiked again on those news headlines, but in afternoon trading had backed will off its daily highs.
FORBES: Comex Gold Ends Slightly Lower But Well Off Daily Low On Bargain Hunting
Shayne has toyed with other kinds of securities, such as real estate investment trusts, the occasional stock index fund (to get quick exposure to the overall market), and even a mortgage-backed securities fund.
FORBES: Where The Cheap Stocks Are---Come Hell Or High Water
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