I like what Crammer said about Gold today.... "it's owned by people that like to buy high".
In other words -- it only works when it's going up... and then you get the pile on affect.
BTW -- Just because it's fun to live and learn -- from the sidelines.... Thanks to TonySS we're getting to watch the implosion of BITCOIN.... it's DOWN 41% today - and is now trading @ $59..... That's a pretty steep decline from $170 a whopping 5 days ago.
Who cares to buy "on the dips"?? Anyone? Oh come on....