Gold taking a breather?

We have been fascinated by the steady rise in the world price of gold, because we listened to the smart money (at Goldman Sachs etc.) that was predicting a fall in 2014.

Well, today, gold pulled back a little, but according to Kitco news, only because some holders were cashing in their profits from a 4-month-long rally:

Gold prices ended the U.S. day session moderately lower Wednesday, pressured on profit taking and chart consolidation following recent gains that saw prices hit a four-month high overnight.

#maui #mauigold #mauiretail