by E.B. Tucker
When this crisis first started in March, I had people calling me asking, “Why is gold crashing?”
I told them, “Maybe we’re looking at different charts. But it looks like gold’s doing great to me. It’s doing exactly what you want it to do. It’s preserving wealth during a difficult time.”
What those people don’t understand is that you’re not trying to get really rich in a bear market. You’re trying to lose less money than the other people involved in the market.
It wasn’t a straight shot. But gold did that in the first quarter of this year.