Gold dropped on Thursday due to investors returning to their long-running risk-on appetite.
This caused some panic among those who follow every tick in the markets – is the gold run over? Should gold traders be worried that the bottom is falling out?
It’s always hard when a quick run-up ends, but that’s the way the market is now, this ain’t the 60s anymore.
Your Gold Enthusiast isn’t too concerned; he didn’t think this was “the big one” so was still playing his usual game. Taking a longer view always seems to pay off really well…