Notes of caution are appearing in market letters written by gold enthusiasts. They remain long-term bullish, but some fear that a temporary sharp setback is at hand. Others advise against buying until prices fall back somewhat. Others mention gold’s volatility. Some note that commercial hedgers have increased their selling. There is rather widespread fear that gold will have a difficult time making much more headway soon. However, the more that I have studied the gold market, the more I have become long-term bullish. Gold at current prices that now seem high will eventually look cheap at these prices, I believe … Continue reading Gold at $5860?