Gold dropped below 1500 on Friday, putting a chill on the gold market.
With gold falling during the London Monday it looks like gold will open on the New York NYMEX exchange around 1485.
Does this mean gold’s bull run is over? Should you sell all your gold and go looking for something else? Your friendly Gold Enthusiast would say No, hang on to your long-term gold, but for the short term, all you long-side traders need to be looking elsewhere.