By Frank Holmes (Guest Post)
Gold continued to make headlines this week, reaching nearly $1,900 an ounce on Friday before resting around the $1,850 level. Gold’s 15 percent rise to new nominal highs over the past month has rekindled “gold bubble” talk from many pundits. Long-term gold bulls have been forced to listen to these naysayers since gold reached $500 an ounce. If you would have joined their groupthink then, you would’ve missed gold’s roughly 270 percent rise since. That said, gold is due for a correction. It would be a non-event to see a 10 percent drop in gold. This would actually be a…
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