With the price of gold down around 27% year to date, the question has become to what extent has this correction provided a buying opportunity for gold coins and gold bullion. The Dow Jones Industrial Average is up nearly 4,000 points in the last two years, and logic would dictate that a flight to safety is in order and that a stock market correction is near. In fact, with the initial move down in the DJIA since the beginning of December, it’s entirely possible that a stock market correction has in fact already begun. The 24% increase from the Dow in 2013 so far this year has elevated it to what may be considered as a bubble-like state.
With these events having occurred, who is more at risk? Holders of equities? Or is it those who have chosen precious metals, with a sizable correction in gold and silver having already [...]