Loading ...In the financial markets, what is known by all, seen by all, and discussed by all isn’t worth knowing
Rambus was the lone prophetic voice calling for this current triple bottom breach and a new leg down-so kudos to him. But now EVERYONE from Louise Yamada-to the biz channel guests and to the letter writers on the gold sites–guys like Maund–are all showing the same charts and the same interpretations.
Poor sentiment alone doesn’t guarantee a bottom and a turn around-but the way Dec gold is holding in there is surprising-especially relative to the HUI/XAU….it could be just a pauses before the canoe goes over the waterfall…just wanted to give a heads up…just saying….
Remember: all major bottoms are extremely deceptive–they seldom are Vs that shoot up 20% in a week–they are ragged, tentative looking and festooned with divergences…hence, hard to catch….just saying