Back in December I said we could expect a pullback in gold. Well we certainly got it.
Gold is being manipulated down to give the impression there is no inflation, so Bernnie can borrow truck-loads of cash from China at low rates. Everybody knows that groceries as an example have sky rocketed. Many food items are up 150%. If you don’t see inflation, you are living in a cave.
Amazing stuff. Hold on to GGN and earn the dividends while you wait for it to go up. So when will that happen? Well it could be months or years. I don’t really care. GGN is a long term hold.
I am not an investment professional. You must do your own research before buying any position. All gains or losses that you realize are based on your choices.