MTECHTIPS'-Gold funds outperform Apple Inc, provide better returns to investors|

MTECHTIPS'-Gold funds outperform Apple Inc, provide better returns to investors|

Gold funds have outperformed Apple Inc, the tech stock that is the darling of the markets, and provided better returns to investors according to Christian Magoon, publisher of GoldETFs.biz.On Tuesday, Apple Inc traded at $ 635.85, below the 50 day moving average of $658 and intra-day high of $705.07 achieved on September 21, the day iPhone5 went on sale.SPDR Gold Trust, the largest gold fund in the world has gained over 8% over the last six months. This compares to Apple's gain of .8% or about one tenth of the return of gold fund shares.The latest article on GoldETFs.biz highlights a performance chart from Google Finance comparing the two investments. Both have experienced major catalysts that have driven performance during this last six months. The SPDR Gold Trust benefited from the anticipation and realization of QE3. Meanwhile Apple has benefited from the anticipation and launch of the iPhone 5. Despite these meaningful catalysts however, gold funds have decisively come out ahead."Gold fund investors have seen material outperformance over stock market darling Apple over the last six months," said Christian Magoon Publisher of GoldETFs.biz. "It appears the only thing more powerful than the new iPhone is QE3. Is this outperformance a new bullish trend for hard assets like gold or just a six month performance blip? We shall see."

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