Precious Metals: Emotions Still Stronger Than Fundamentals [View article]
Generally speaking, it is a worth reading article. The author did good work to analyze the market. As to time the market, nobody can do it perfectly. I would wait for the precious metal market bottomed and gets some type of rally. Otherwise it is still dangerous place!
What these two bears wanted to say is Gold, Platinum and Silver or Oil are overbought. However, because every time they said overbought, Gold, Platinum and Silver, or Oil just go up and continue their rally. Thus nobody believes their prediction anymore. This is why this time they just say Gold, Platinum and Silver are in rally, they did not say overbought.
Precious Metals: Emotions Still Stronger Than Fundamentals [View article]
Those Crazy Commodities [View article]