http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=8134

Sent to me by a friend.

Explains the correction in gold better than I could. This which is healthy in my opinion as we lose more weak hands each time and we can pick up bargains to hold until the next time. At some point it will be time to hold it all. Got to watch the options and possible delivery of gold which would be against the wishes of the fiat money benefactors.

I always lighten up for this reason before the takedown and buy back later. I keep a good core position always just in case it does not happen.

Woody