Pugnacious, that's reminds me of the taxi driver bragging about his share trades. When the most marginal and final buyer finally succumbs to a trend, you know we're at a peak. And with the bullish consensus on gold and silver at historic extremes, you just know we're there.
If you believe in gold & silver as a long-term store of value and a hedge against currency devaluation and inflation, you're certainly not alone. Virtually all the pundits are invested and trading on such 'apparent' fundamentals. But fundamentals invariably lead investors astray at the worst possible time ? near major market reversals. And with the trade becoming so historically one-sided, the trend reversal is near.
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Pugnacious, that's reminds me of the taxi driver bragging about...
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