Gold Investments Market Update - Astute Contrarians Buy Physical Bullion at Firesale Prices |
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COMEX gold's recent sharp selloff has continued and even the most ardent gold bulls are getting nervous. Bearish sentiment is very prominent and the level of fear in the precious metal markets suggests that a low is likely in the coming days. Leveraged players in the futures market are dumping paper positions wholesale while astute contrarians are using this as an opportunity to buy physical bullion at firesale prices. Both COMEX gold and silver are off another 2% and 1.6% today after their Read More...
Filed under: Fundamental
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