Ed Moy Quoted in The Los Angeles Times, Gold losing steam

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Gold loses luster among small investors amid sharp price drop.

By Walter Hamilton, Tiffany Hsu, Andrew Khouri

Quote:

“Momentum investors are in full panic mode. They didn’t know much about gold before they got in. They got in because it was hot and they were following the crowd. These investors are panicking.”

Read full story at The Los Angeles Times.

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