"Therefore, please be extra cautious right now and do not fall into the trap that is being set by gold’s price action and by the analysts and newsletter promoters who want nothing more than to tell you gold has bottomed. It hasn’t and if you buy into their nonsense, you will be sorry. Same goes for mining shares. They have not yet bottomed either! Instead, stay out of precious metals and mining shares completely, until I give you the all clear sign. If you have metal or mining shares you cannot or do not want to sell, for whatever reason, consider hedging them with inverse ETFs." http://www.moneyandmarkets.com/has-gold-price-bottomed-70625#.VSshX1L3anP