Gold: Buy On The Dip or Regret it Later
Posted on November 05, 2012 at 09:00 AM EST
Gold was the beneficiary of a strong rally after the announcement of the open-ended QE3 that pledged to pump $40 billion/month into the economy. But after picking up some steam, the precious metal suffered a rough couple of weeks. October has historically been the worst month for gold over the last 15 years, and this year’s loss of nearly 3.5% for the four week period fell right in line with those expectations [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: How Gold, Silver, Natural Gas Funds Will Act at Market Re-open Peter Schiff: Gold Can Only Go Higher How Much Money Your Favorite Commodity ETFs Make 6 Ways Get Your Dividends in Gold and Silver Bullion The Dangerous Sign Jim Rogers Sees For Gold