Should We Follow the Crowd Selling Gold?

Gold has been selling off with increasing worries that price inflation isn't quite under control and the Federal Reserve might have to slow the pace of monetary easing. Is this a mistake? Or should we follow the crowd? Money Metals' Midweek Memo host Mike Maharrey thinks it is, and in this episode, he explains why. He also talks about a fundamental economic principle that we all need to reckon with - scarcity.