Gold Prices Sink to a 5-Year Low

[yellowcanine]

7. Not really. Been trending sideways between 17500 and just over 18000 for the last month or so.

Not panty wad time at all. For all of the uncertainty - falling oil prices, Iran deal, Greek crisis, interest rates etc. it is actually holding its own quite well. And the way I look at it, every time a dip coincides with my biweekly pay, I just get more stocks for the same money. When it does come back up, as it always does, I will be that much better off.

Even someone who is retired and expects to live another 20-30 years should be keeping at least 50% of their retirement portfolio in equities and plowing any excess funds from minimum distributions back into the stock market. With interest rates where they are it is the only way to keep up with inflation and also build value.