Gold keeps hitting record after record. Is it time to think about selling?
From morningstar.com
Here's what investors should consider before making their next move When an investment does as well as or better than you hoped it would, what do you do next? That's the dilemma for gold investors, who have seen prices for the precious metal settle at record highs more than 30 times so far this year. "Don't be scared by the recent big move higher," said Chris Mancini, co-portfolio manager of the Gabelli Gold Fund GOLDX at Gabelli Funds. "We don't think you've 'missed it,'" he said, referring to opportunity in gold. "It still makes sense to own gold." That's in part because of the move away from the U.S. dollar as a ...
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