From Gold Scents:

It's sad to say but I'm afraid 90/95% of all retail traders/investors are not going to successfully ride the gold bull.

The reason of course is that they are deathly afraid of draw downs. It's glaringly apparent every time gold pulls back or suffers the slightest correction. Immediately a slew of traders come on the blog and warn of impending doom. "Gold is going to $600."

Some are even brave (maybe I should say 'foolish') enough to short. Here is one we hear alot lately, "Miners are going to get crushed if the stock market enters a new leg down in the secular bear market..."

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