Everyone was obsessed with gold in 2009, as remnants of the financial crisis and the gigantic sovereign debt binge pushed investors to seek out the world's longest-lasting form of money.
If the world goes to hell, the thinking goes, you want gold.
But, if the world really goes to hell, what use are your gold eagle coins, really?
Wouldn't you rather have more useful commodities like cotton and rubber to trade?
And indeed, those two were among the 11 surprising commodities that kicked gold's ass in 2010.
(Image via Flickr user wwhyte1968)
Join the conversation about this story »
See Also:
- Alchemists Screwed As Lead Outperforms Gold In 2009
- The 60-Second Guide To Everything You Need To Know About Oil, Gold, Bonds, China, And Stocks In 2010
- MF Global: A Jobless Recovery, Sovereign Debt Risks, And The "Apex" Of US Liberalism In 2010