Gold's hard-and-fast tumble below $1,100 an ounce last week means some investors may be tuning out the yellow metal, or suffering from gold "burnout."
But ignoring it is a huge mistake. It has been and always will be one of the best stores of value, and it's a crucial hedge against economic upheaval. It's a must-have holding.
Last Monday's "bear raid" in Shanghai brought gold down to 13-year lows before settling at five-and-a-half year lows, and it's absolutely vital that we know when this downward pressure will stop so that we don't "call a bottom" too quickly.