Get ready – we’re close to another buying opportunity for gold

Despite gold's recent volatility, don't be tempted to sell. In fact, you should buy more. Dominic Frisby explains why now could be a good time.

In light of this insane market volatility, I wanted to briefly re-examine the case for gold in today's Money Morning.

My current one-year view on gold the metal that is, not the miners is unchanged. When gold went to $1,920 an ounce it had moved too far, too quickly and got ahead of itself. It needed to correct and now it needs to consolidate for several months more at these higher levels before launching on the next leg up.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.