In an October 2 Barchart article, Does the Selloff in Gold Mark the End of the Bull Market for the Precious Metal, I concluded:
I remain a scale-down buyer, adding to long positions. Since bull markets rarely move in straight lines, corrections can take prices to illogical, irrational, and unreasonable levels. Leave plenty of room to add on further weakness. Buying gold during corrections has been the optimal approach for decades, and I expect that to continue over the coming months and years. The current selloff is another temporary event on the path to higher highs in the rare precious metal.
