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Thinking of Buying or Selling Gold? Keep an Open Mind

105 views  2013-07-17 01:18   Tagsinvestment  blank  current  example  several 

You’ve got to change with the times. One point that I’ve reiterated several times is that it’s vital to deploy an investment strategythat incorporates the current market environment when determining how to allocate one’s portfolio.

A great example of that has been the recent climb and rapid drop in the price of gold bullion. A couple of weeks ago, I alerted my readers that a majority of the selling pressure appeared to have been concluded, and that a short-term bottom might be developing in gold bullion.

Also Read: NYSE Holidays 2013

Since that time, gold bullion has indeed begun moving up in price.

When considering an investment strategy, it’s always important to try to determine what the large institutions are doing. Because these institutions deal with such a vast amount of funds and their reputations are constantly at stake, their actions should help shape your own investment strategy.

As I have said before, it appears as though a large number of institutions are close to completing their distribution of gold bullion. Over the past week, sentiment among these large funds has shifted as they too are adjusting their investment strategies.

Continue Reading: Thinking of Buying or Selling Gold? Keep an Open Mind

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