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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

When will the gold bull resume?

Posted on 15 May 2013

While gold has seen a decent rebound, silver and the mining shares (the more speculative side of the complex) have failed to sustain any rebound despite tremendously supportive sentiment amid an extreme oversold condition. Is the failure to rebound bearish? Not really.
This is a sector that is completely sold out but there are yet to be enough buyers to generate a sustained rebound. The combination of strength in conventional asset classes (stocks and bonds) and poor performance over the past two years is causing this sector to read like the heart rate monitor of a heart patient………………………………………Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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