27.06.2013 - Precious metals life cycle nears an end: Final stage of denial
The life cycle of most things, no matter what it is (living, product, service, ideas etc…), go through four stages and the stock market is no different. Those who recently gave in and bought gold, silver, mining stocks and coins will be entering this stage of the market in complete denial. They still think this is a pullback and a recovery should be just around the corner. Well the good news is a recovery bounce should be nearing, but if technical analysis, market sentiment and the stages theory are correct, then a bounce is all it will be, followed by years of lower prices and dormancy...............................................Full Article: Source
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