There is some irony in discussing this now because the precious metals sector is starting a correction. The signs are there and stay tuned for an article about that, which will be posted on TheDailyGold.com. Right now, the crowd will be wrong but I'm only talking about the very big picture.
In the very big picture, in investing and markets, the crowd is right most of the time. Its wrong only at turning points, which are very hard to predict.
Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publication which emphasizes market timing and stock selection for the sophisticated investor, as well as TheDailyGold Global, an add-on service for subscribers which covers global capital markets.