Sentiment Stinks... And That's A Good Sign

Money Metals Exchange - Markets typically bottom out when popular sentiment is negative. And a recent analysis by Bloomberg confirms that the public has all but given up on precious metals. Assets in exchange-traded products tied to metals prices fell to their lowest point since 2009.

While holders of coins and other physical bullion products tend to hang tight during adverse market conditions, holders of derivate instruments are more likely to move in and out of the market - usually at the wrong times.

Sentiment could conceivably go from bad to worse. But history shows that opportunists who buy when times are tough ultimately rewarded with an opportunity to sell when times are euphoric.

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