Some of last week’s headlines will say that gold has had a “correction” to varying degrees. Technically, a “correction” means a 10% price drop, although most people don’t use the word in a technical sense. I wonder, though, whether it’s correct to say that it has been a tepid week of gold price fluctuations considering the historic price level of $2,330… According to many, despite the pullback from the $2,400 level, the gold boom is on track. Jared Dillian, author of No Worries, spoke to Kitco about why a technical 10% correction in gold could be expected but will prove meaningless even in the medium term. Here’s the ... (full story)