Price of Gold

As of late January (after waiting and waiting for a correction), I didn’t like the market so I sold off on on all equities, except gold shares. I missed the top, but oh well. Anyway, if you follow the POG, you’ll realize that my balls have shrunken following March’s “blow-out” jobs report. Gold has gone from $430 to $370, but I have yet to sell 1 share. I’ve actually dug deeper and bought more cheap shares. Nothing has fundamentally changed in the markets giving me reason to sell, so I’ve held like a stubborn old man. We’ll see how this drama pans through…stay tuned for weekly updates.