ASK ARORA: SELL GOLD AND BUY FRENCH STOCKS? NOT SO FAST $SLV $GDX $ EWQ $GLD $EZU $VGK $HEZU $EUFN $FEZ $IEV $EWP $EWI
Many investors were only recently rushing headlong into gold. To them, the world was falling apart, and they had perfectly good reasons to buy gold: The U.S. was firing missiles on Syria. North Korea was threatening a nuclear war. There was concern that the right-wing Marine Le Pen would be elected France’s president. Since then, gold has fallen quite a bit. Investors who were part of the herd frenzy to buy gold are now losing money. Especially hurt are investors who made leveraged bets using futures or options. Those investors are now asking if they should sell gold and cut