A Golden Mistake Worth Repeating
October 29, 2011 at 02:27 AM EDT
By Jeff Clark, Casey Research The following conversation took place between a friend’s son and me; he’s a bright but relatively young investor. He had purchased some gold based on some things I’d told his father. Shortly afterward, the price dropped hard. As you’ll see, he was not very happy with my advice and said so in an email to me. So I called him… I: Sounds like you’re upset. Friend: Yeah, that’s putting it mildly. What the hell am I supposed to do now? I: Because the gold price has dropped? Friend: Yes! It’s down 15% in a month! I thought you said this was going to be a good investment. I: It is. And it will be. . . . → Read More: A Golden Mistake Worth Repeating