22.02.2013 - Why the consensus is wrong on precious metals and the miners
Precious metals are underperforming while the S&P 500 is soaring. This is leading the consensus to abandon the mining sector to look for greener pastures in housing and financials. I believe this may be the wrong approach to sell discounted junior miners shares for overextended blue chip equities particularly in the banking and housing sector. Recently a news item from the Wall St. Journal crossed my desk entitled, "A Fearful Time For Gold"."Then I read another article with the headline, "S&P 500 In Longest Winning Streak Since 2004." These articles are an indication of what the majority is thinking and may be a contrarian buy alert for my readers...........................................Full Article: Source
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