Most of us have renewed optimism coming into the new year,...

Most of us have renewed optimism coming into the new year, hoping things will be better. New resolution, optimistic outlook of what a new year will bring. I suppose it is not much different with gold investors.

Dec/Jan new optimistic outlook, hey why not shed gold portfolio and invest in other things says a gold investor. Come out from the shell, move away from the safe haven of gold ... that's what they probably try to convince themselves and of course profit taking.

Bang! As Jan pass, Feb, then March and so on.. turns up...renewed optimism waned when we are back to square one from last year... world problems of the world as per last year is no different from this year. EU sovereign debt, US economy tanking, Iran & Iraq problems etc.

Without hesitation, they crawl back to Gold their safe haven from risk, and up goes the Gold Price. Another cycle begins. Sell high, buy low.


Quantum46
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