(Image: source)
Those who've read my books know that I am a long-term fan of gold and other precious metals. Nonetheless, I am a trader and a contrarian at heart, and it always makes me nervous when, to paraphrase Jim Rogers, everybody seems to be on one side of the boat. Right now, the list of those who are positive on the sector looks to be growing by the day hour, including:
With all those bulls around, I'm wondering who is left to buy (in the short run, at least).
Man the lifeboats?
Michael J. Panzner