Have been reading every article that I can get my hands on over the last few days re POG. From extreme pessimism $250 to $8,000. Certainly none of the soothsayers from any camp saw the massive dump coming. Think it will take a long time for the punters to feel safe with gold while the fear of another sell off remains.
However, I have been following Gary Savage for a long time. My gold bull status is severely dented ATM. Still holding my goldstocks. No point selling at the washout bottom IMO.
The Bulls will love this and the Bear camp will be extremely derisive no doubt.
http://goldscents.blogspot.com/
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