Gold Down 30% From Record High: Buy Now or Wait?

Gold has fallen over 30% from its $5,600 peak to below $4,000 due to interest rate worries and a liquidity sell-off. Augmont sees this as a cyclical correction, not a bear market, with support at $3,950-$4,000. Central bank buying and long-term demand may push gold back to $4,400 soon. Investors face a tough decision.