Well, if you dig gold, you’re probably going deeper in the hole right now, even while I’m writing this just now. Despite the upward swing of the past week which carried DGP all the way up to an all-time high of $43.23, right now, it’s way below $38, with over 3.6% plunge in the first few hours of trading today alone! Still want to hang on to your gold?
Well, make your call… inflation has spiked; Ireland also needs a bailout with Europe fearing another “debt-laden Greece” in the making; South Korea has raised a key interest rate with China possibly headed the same direction shortly; is it surprising that the DOW is taking a beating?
Like some would say, “Cut your losses, get out now… there’s always another day.”!
Words-n-Motion 