Faber, who has been bearish on gold for over a year now.. says it is starting to look relatively attractive again and between 1500$ and 1600$ would be a great entry point.
Also goldstocks are extremely oversold and should rebound soon. Let's hope.
It has been a massive carnage really with each and everyone of them at least 50% or so from the top.
I bought some thursday for the first time in a year.