Can gold be bought at the bottom now? Early this morning, my best friend called crying, revealing that her mother bought a lot of gold with her savings at the peak. As a result, gold has plummeted in the past two days, and her mother still wants to buy the dip, no matter how much I try to persuade her. She said her mother has insider information and that the price will rise again. Now is a good time to buy the dip. I don't know how to comfort her or give any advice. I'm really not good at this, so someone knowledgeable, is it a good time to buy gold now?
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Can gold be bought at the bottom now? Early this morning, my best friend called crying, revealing that her mother bought a lot of gold with her savings at the peak. As a result, gold has plummeted in the past two days, and her mother still wants to buy the dip, no matter how much I try to persuade her. She said her mother has insider information and that the price will rise again. Now is a good time to buy the dip. I don't know how to comfort her or give any advice. I'm really not good at this, so someone knowledgeable, is it a good time to buy gold now?