Readers have had to go to other websites, blogs and media to get a dose of pumpy gold price micro-management because around here hype is a four letter word. The fly boys could give you all the micro-management one could ask for in a mini mania.Now that some pain has finally been visited upon those who bought the hysterics, we can begin to ease back into a mode where the words 'gold' and 'opportunity' may be mentioned in the same post. You understand that the details, in depth looks at the gold stocks and ongoing revisions will need to be reserved for newsletter, but this chart tells a lot all on its own.
In the wash-rinse-repeat category, there are many folks likely to be shaken out here; folks who thought it was just as easy as listening to a hysterical major media and buying in to old yeller.
Well, it is not that easy, unless one is prepared to truly not fret about price and simply hold value for the long term. The majority of momos who make up this recent leg higher are not prepared in any such fashion. They need to be purged.