From Newsmax:

Managers of gold-related mutual funds see pullbacks by the precious metal, such as the recent 9 percent dip, as a buying opportunity.

After hitting a high of $992.10 an ounce June 3, gold dropped back to $904.80 July 8.

"I don't consider it worrisome at all. In fact, I hope to take advantage of it," Joe Foster, portfolio manager with Van Eck International Investors Gold Fund, tells Barron’s.

Indeed, gold already has bounced back from that low. Many investors believe massive fiscal stimulus packages around the globe will spark higher inflation.

Read full article...

More on gold:

Economist tells Fed: Start minting gold coins now

One of the best places in the world to store your physical gold

If you're looking to secure a large amount of gold, read this immediately...