It would appear that the euphoria over gold has quickly diminished and many of gold's greatest proponents, who were calling for gold to go over $2,000 an ounce, appear to be disheartened and shell-shocked by the recent sharp downturn in gold.
There's an old adage in trading and it goes like this, "they slide faster than they glide." This is true of all markets and what it means is they go down faster than they go up.
In my new video on gold, I share with you some of the thoughts I have right now on this market. We could be looking at some great buying opportunities if just a few components fall into place.
You are more than welcome to watch this video there is no charge and no registration requirement.
We would really like to hear from you on the blog so please feel free to make a comment on this or any of our other videos. If you leave a comment, we will post it and if it needs a response, we will do our very best to get back to you.
All the best,
President of the INO.com
Co-founder of MarketClub