Gold's Performance in 2011

5:50 AM ET Fri, 30 Dec 2011

Jack Bouroudjian, CEO, of IndexFuturesGroup.com, told CNBC, "two things happened in Gold, one you started to see the dollar go back up against the euro currency and there is an inverse relationship as the dollar gets stronger, gold goes down, but the other thing is you had Paulson & Co., one of the largest hedgefunds in the world, holding the largest position in ETF's."