Is Gold a Buy? Or Should Investors Sell Gold?

Is Gold a Buy? Or Should Investors Sell Gold?

As gold falls to a new low, gold futures are up. From CNBC: The metal was headed for its sixth weekly loss in the past seven, down 1 percent so far and having hit its lowest in more than three months at $1,147.10 on Wednesday. "It's almost like it's confused. It looks like it's trying to find itself,'' said Teddy Sloup, senior market strategist for iiTrader in Chicago.From MarketWatch: Gold still has a shot at $2,000 an ounceContrary to some expectations that gold prices are more likely to fall, Capital Economics on Friday said they might actually top $2,000 an ounce. “Many of the latest headlines have focused on the negative implications of the surge in the dollar,” said Julian Jessop, head of commodities research at Capital Economics. But “this misses the rather bigger point that the gold price has held up remarkably well given the extent of the dollar’s move.”