Time for Gold Bugs to Admit Defeat?

Don’t forget to read Peter Schiff’s Gold Letter released this week. It includes a persuasive commentary from Jeff Clark, who argues that the correction in the gold market over the past year is just a temporary set back in a larger bull market.

“Gold’s price has fallen by more than a third since its 2011 high. The downturn exceeds the 2008 waterfall sell-off. Many technical analysts are saying that the ‘damage’ on the charts is too great for gold to recover. The rout is so bad that even hardened goldbugs have grown quiet lately.

Is it time for gold investors to admit defeat?”

Read the Full Commentary Here

Casey Big Selloffs in Bull Markets

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