Today gold and silver took a bit of a hit. Nothing major but I have had a few people come to me and second guess my advice to go long on these commodities. My short answer is don’t stress it.
The small decline is completely expected. The Japanese quake coupled with recent FOMC attempts to calm the fear consumers have in the market could be a reason these commodities dropped. Rest assured when Japan starts to sell (try and sell) US securities, gold and silver will boom beyond anything we’ve seen.
My advice, stay invested. Some days chicken, some days feathers.
