21.01.2014 - Precious metals: Reversal of fortune at last?
It’s always amazing to me how market sentiment can move from one extreme to the other, taking the herd with it. Chartology is the study of charting and investor psychology which, when you put two together, can give one an edge on where you are at any given point within a bear or bull market. Back in the first week December of 2012 the sentiment was very bullish for the precious metals sector, especially the precious metals stocks. Gold and silver both had rebounded off of the bottom rails of their six point blue rectangles which had been building out since they both topped out in 2011...............................................Full Article: Source
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