I think I need to remind myself why I have been buying the stuff. Either my reasoning will still feel valid and stop that dull pain I get when I remember I own this plummeting-priced asset... or I it will appear wrong-headed and I will need to re-evaluate what I am doing.
One of my reasons for buying gold was the possibility that it could rise in value if my income and my home fall in value. An attempt, I suppose, to turn my job, home and investments into an 'absolute return' fund - which sounds horrible and ambitious at the same time.
