Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
Nice article with specific thoughts on the direction of several sectors. I tend to agree the party is over for precious metals for a while. With so much negative sentiment against financials, the contrarian play makes huge sense.
I am sure all the gold bugs are happy with their gold going from $1000+ to about $860 while financials and homebuilders have gained 30% to 50%. At least they are passionate about losing their money!
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
I am sure all the gold bugs are happy with their gold going from $1000+ to about $860 while financials and homebuilders have gained 30% to 50%. At least they are passionate about losing their money!