Here's how the smart money is buying gold - now that it's likely peaked for the year | Metals Mine

  • Here's how the smart money is buying gold - now that it's likely peaked for the year

    From morningstar.com

    Although I have an overall positive view on gold (GC00) as an investment, it may have peaked for the year. At the same time, I wouldn't view the current correction as an alarm to sell out of gold altogether. Instead, it's an opportunity, a prime moment for long-term investors to extend an investment or to average in, given that the fundamental long-term thesis has been validated. It's important for investors to keep in mind that short-term market fluctuations driven by investment headlines and central banks need not factor into an investor's long-term perspective. Although relief from market uncertainty seems ... (full story)

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