Don’t let investor sentiment get in the way of your long-terms plans for gold.

This has been an odd week.

The price of gold has taken some hard hits.

How come?

Because investor sentiment is bullish for greener pastures. In other words, they feel suddenly optimistic about the chances of making more money by selling gold and investing in the stock market.

Why do they feel that way? Well, they point to signs that the US economy is recovering, and that things in Europe aren’t really so bad.

But this shouldn’t make you abandon your trust in gold.

Just sit back and ask yourself some fundamental questions.

Has the US deficit disappeared? Is Medicare suddenly fully funded? Has the Fed stopped printing money? Are Ireland, the UK, Greece and Spain magically out of the woods?

No. The fundamental threats to the world’s economies and currencies remain the same

All that has changed is sentiment. Not that one should underestimate sentiment. It can be a powerful influence on markets.

But sentiment alone cannot drive real recovery. Only the fundamentals can do that. And those fundamentals are not yet being addressed. Investors and politicians are simply cherry-picking the news sound-bites that make things look and feel positive.

This week’s interest in stocks is all about things feeling good, not being about them being good.

That’s why now is not the time to sell gold. Quite the opposite. As I have said many times, corrections or sentiment-driven dips in the price of gold are a signal to buy.

If you can, now is a good time to buy more gold coins and gold bars.

You can buy gold bars and coins online at APMEX.