The mystique of gold which has gone overboard with prices increasing 50 % over half of the last year is about to reduce. The simple reason is its overbought. This is echoed in a wsj.com column today. No prediction is perfect but this one has good reasoning.
By historical comparison Silver has become dearer than Gold. Those who are late in the gold buying party are set to get burnt when ever there is a correction. Rebalance and let it remain less than 5% of your net worth if its so dear to you.
(Dont) go for the gold
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