Jul 31, 2012
Jordan Roy-Byrne is a frequent contributor to www.FinancialSurvivalNetwork.com. He's seeing a definite precious metals' market bottom and says there's a number of confirmatory signals that have been flashing as well. Perhaps the most important indicator is that the amount of gold purportedly held in GLD (the Gold EFT) has been declining, at the same time that the gold price has been rising. This is a sure sign that retail investors have capitulated and that the next leg of the bull market is about to begin. And as Jordan indicated, the majority of profits are actually made at the end of the bull market, rather than the early stages. Since this market's heading higher for 12 years, there's definitely much more to go. Buckle your seat belt and hold on, it's going to be quite a ride.
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