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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold bugs bitten again by precious metals rout

Posted on 27 September 2013

Here’s a market trend you can almost bank on: Whenever gold prices jump, gold experts come out of the woodwork telling their fervent followers to buy more bullion because gold prices are heading to the moon! It’s a pattern that’s repeated itself multiple times over the past two years. It’s also toxic advice that’s been dead wrong.
In fact, the rallies in gold prices have been brief, but just long enough to fool the gullible masses into believing that prices are still going up………………………………………..Full Article: Source


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VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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