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WHAT I TELL MYSELF WHEN GOLD SELLS OFF
- The Casey Files -
by Jeff Clark
Editor, BIG GOLD from Casey Research
August 29, 2008

Psychologists say decisions aren’t made simply on what you hear from others but also on what you hear in your own inner dialog. With investing, that can be the kiss of death if you let either fear or euphoria dominate the conversation.

So what did you tell yourself this summer when gold plummeted 20% in 5 weeks and most gold stocks lost a third or more of their value? Did the dialog help you make a wise decision?

I’ll tell you what I told myself. When I saw a chart of gold’s mid-summer drop, it looked scary…