The Market Ear on the gold rout. As I keep saying, for a safe haven, gold is very volatile.
Last time it corrected 30%
“What is remarkable about the recent “Gold rush” is not only the magnitude of the move, but also the speed. The only other time in recent history that a similar event occurred was in May 2006, when gold rallied 30% within two months and 60% within ten. May 2006 was followed by a 30% correction a month and a half later.”
