Bloomberg Video: S&P 500 back to 1,220, Gold to $2,200?
We agree with most of this analysis. We are looking to add to our gold holdings if we get a healthy pullback. If we correct for a few days, Rick Bensignor’s comments may reduce some stress and anxiety. We are far from blindly bullish currently, but we do believe some patience is in order during any pullback in stocks and gold. A bounce in the U.S. dollar is also somewhat expected in the near future.
Our comments from earlier today apply as well.


