Will gold and silver test recent lows again before heading higher
These are dog days for precious metals investors with just about everybody out to dance on your grave. But as any contrarian investor knows that is usually a positive signal. It is when everybody agrees that you are right that it’s time to sell.
The sell-off induced by the plunge team manipulators last month has been followed by a short-covering rally and huge physical demand, mainly from Asian consumers. You would expect this cycle to be followed by a lull in buying and a testing of the lower price levels of the recent crash.
Read More: http://economicrisis.com/will-gold-and-silver-test-recent-lows-again-before-heading-higher/7752