The first part of recovery is admitting you have a problem, yes?
So let’s admit that gold and silver are having a terrible time of it.
In fact, let’s call it “Gold’s Terrible, Horrible, No-Good, Very Bad Slump.”
Gold has had a great run, but even some of the biggest believers in the yellow metal have had their faith shaken.George Soros says the 12-year bull run for gold is running out of steam. He even reduced his stake by more than 50% in a prominent Exchange-Traded Product.Meanwhile, John Paulson’s Gold Fund declined 18% in February alone.On top of that, gold experts at Credit Suisse, Barclays and more are betting against gold.
However, not everyone is losing faith. While they make a powerful case to be bearish on bullion, recently Jim Rogers said NOT to sell gold or silver.
Even more convincingly, by now, you’ve heard my interview with investing legend Rick Rule … and he’s getting more bullish on gold. (If you haven’t heard that interview yet, simply click on this link now.)
Here’s What You Should Take Away From It …