Suffers WORST LOSS?...I remember being surprised when it got to 400-450 an ounce...it is at 1200 plus dollars..what a B S article...waste of electronic type and time...Hey the sky is still falling.My Gripe might seem foolish but I see articles like this as just being written for writings sake ... none of this 3.3% dip means shite!
That brought a smile to my face. I had just finished reading Harry Browne's prophetic "How you can profit from the coming devaluation" and started buying British Sovereigns at $12.50 each. When gold hit $105, I thought "Game Over" and cashed out, kissing my hands over my cleverness at calling the market.
I was astounded when it hit $140 and was still going strong, so got back in at $150. Sold that lot at $600+ as "it CAN'T go any higher". Kissed my hands again.
Gold was at $850 when my son mentioned in class that we had sold some gold coins and the teacher interrupted, saying that I was foolish as "Now is the time to buy!".
It was one of those rare times in history where you could be consistently wrong and still make a small bundle.