Surely it had to happen, and after the gold price ended up braking record after record, and the metal had reached twelve hundred dollars per ounce, it ended up falling pretty hard, sinking by up to even four percent in a single day.
There were surely some smart observers, including Editor-in-Chief at MoneyWatch, Eric Schurenberg, who thought that the gold is too expensive for one to be a buyer at this time.
Does that mean that it is still too late for one to get in? And if it is that one owns gold, is one's investment headed for the cellar?
Thinking about making a comment on this blog post? Great! But please remember that this space is for just that, comments about this blog post. It is not a place to post random thoughts about other stuff. We found that most of the "comments" posted here are not comments at all and should have really been posted in our forum. So: