Comments: Due to the number of people who have contacted us regarding this matter we have produced a Factsheet to assist you. This can be accessed by clicking on the following link:
Issue: Gold investors take a major “hit”.
Comments: The drop in the price of gold from $2000 to $1250 has seen investors take a major “hit”. There was a “delusional” view taken by some investors during the financial turmoil of recent years, that investing in gold was a “safe option”. As we have warned our clients continuously, that gold is a Commodity like any other and experience wild fluctuations in value.
Commodities are only suitable for very experienced investors, which has been borne out by their experience with gold. Whilst the outlook for the gold price over the next 12 months is uncertain, we would point to the principle that “investors who make a decision out of fear generally regret it”.