People…relax. It s a correction.
If you re a serious gold investor, then I sympathize.
If you re freaking out, then this is not for you. If you re anxious, then you need to check your premises.
After all, what s changed since gold reached a new all-time nominal high over $2,000 last August?
Actually, most of the fundamental drivers that support gold have simply gotten more entrenched. And that ultimately means much, much higher gold prices over the next few years.
So, the current rout becomes a matter of perspective. After all, we ve set a lot of records lately…in a bad way. Unless you think record levels of debt, record low interest rates, record high stock valuations, and record levels of money supply will hurt gold prices, then relax.
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