The simple fact right now is "@Skol has been right".
Gold has come down $80 USD per oz since the 7th September - the last 18 days.
And gold has not been above 1835 since the 17th June. That is 3 months.
If I would have shorted the stocks, rather than buy the stocks I did, I would have been up $40k, rather than down $40k.
Say what you want, he has been right over the last 3 months.
I can't wait for it to go up, but again, he has been right, and we have spent the majority of the time under $1800 since 17th June.
Don't get me wrong, I am not happy about the price of gold or the state of my portfolio, but I am not so proud as to not admit when I have been wrong and someone else has been right.
