key, you ignore where the POG was in June. My analysis shows it's in an uptrend and not just by drawing lines.
You also seem to ignore the fact that the Ukraine, Iraq etc are in their infancy. They have not gone away.
I can understand why the less that sophisticated investor might pare back gold holdings in their investment pot but ignoring it completely is nonsensical.
You may place yourself is in a situation where you dither, don't act on some very blatant buy signals and miss a substantial hike in price.
But then perhaps the POG just might have a long rally; plenty of time to jump on.
