Loading ...The reason most gold devotees missed the bottom this year was that there were soooooo many calls for 650-780-950 gold back then.. Consequently, trying to buy washed out gold and gold stocks seemed a risky proposition–what with all the potential air pockets…I have no idea if we are at a bottom, but I think, like u, that it is worth taking a chance at this time…with stops, of course. Currently we are also seeing scary looking charts and predictions of gold dipping below 1050…down to 700-800 etc etc–those very predictions lend credibility to the “bearish sentiment” argument–there is never a sure thing but I reckon buying JNUG now at 4.24 and having a mental stop at 3.50 or 3.77 would be the way to play it.
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