A lot of you are in a semi panic because gold has been hammered down.
You're being told the run is over, it's a bubble etc.
But it's really a matter of timing. If you own 600 ounces of gold at $500, this pull back is not a big concern for you. If you own 200 ounces at $1850, you are probably losing sleep and I understand that.
But let's look at it this way. I've liked gold since 2001, but has anything improved over those years? No. The US is mired in recession, the housing problem is not getting better, Europe is disintegrating, unemployment is only getting worse, etc. Until all that gets cleaned up, until people have jobs, until there's no more bank runs on UniCredit of Italy, I personally will trust in the gold versus stocks.
You can buy in smaller quanities here: Tap Here
I'll put my trust in shiny metals like gold. For eons, gold has been the backbone of real money when the crap hits the fan. This time is not any different, except for the fact that now they have criminal exchanges that allow criminal activity.
There's now a dozen lawsuits that show step by step manipulations and yet the COMEX and the CME and the regulators look the other way. If they're that determined to keep it down.. I want some gold now...!!!
How do you feel about the situation?