Why buy Gold and Why Now?

Dear Mr. Market:download

We have commented many times on how people have short memories. In the case of recent stock market behavior, however, there is no way one could forget what a ride we’ve all been on. Our job today is not to draw attention to the very obvious past but to one area of the market that is not always directly connected to stocks or bonds.

Do you have gold in your portfolio and if so, should you buy more, hold on to what you have, or dump it? Continue reading