Gold’s Sloppy Path

As I was dumping almost all my personal bullion when it was above $1300, folks were telling me how foolish I was, how I was pulling a “Gartman”, and so forth. All I can say is, as gold’s value continues withering away, I don’t have any regrets. I think it’ll bounce back to $1250 at some point, yeah, but I think it’s going to be a miserable 2017 for the yellow metal (and even worse for miners). Gold sucks. It’s just about the only asset that’s reliably down every day.