Not sure if you saw the chart from Gerard Minack on Inside Business yesterday? Basically it showed over the past few years the market has been spooked right about now and drops but rises again in a few months.
I expect gold price to rise. BoJ is printing huge amounts of money and countries are now playing a currency war game (trying to lower their currency), so once the initial fear dies, I expect gold to rally again
BDR Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held
