I’m thinking about getting more gold. The only lasting result of Greenspan’s rate dive was to reawaken that sleeping giant.
The gold bubble has busted before, just like the market.
That is why it is all Texas Hold-em...and so many of these leveraged short term traders will end up holding the bag as always.
I learned my lesson back in 99 on stocks, and on gold I screwed up in 76 or there abouts.
The lesson is to never get caught with the bag.