A big loss and a large proportion of investors who entered the gold market at the beginning of this year, hoping that last year's excellent performance would be repeated, are in a deep loss and this situation may continue. The price of gold and silver stood at $5600 and $121 9 months ago, at the end of January, respectively, and now these two figures are $4040 and $53, respectively. Until a few months ago, everyone thought that the market would prosper very soon and they had reasons for this belief, but it did not happen and it is not clear how long to wait. A big lesson: in times of crisis, the fundamental indicators of the markets cannot show us the future and we must be careful.