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Host Stuart Varney points out that gold prices fell more than 30% in 2013. Varney predicts that investors are looking ahead for answers when it comes to gold in 2014.
Robinson agrees it was indeed a bad year for gold. Moreover, he believes that the slip in gold – and silver – isn't over.
But investors should not give up on precious metals.
Watch the video to hear why Robinson suggests owning gold in 2014, and the percentage of gold investors should allocate to their portfolios: