Volatility in precious metals has increased dramatically over the past month. This is indicative of a market where the movement is from weak hands to strong hands. Gold mining stocks usually lead the price of physical gold. Chris Vermulen believes that following the money is where it’s at. The Big Money guys put their funds where the greatest return is going to be realized. Every country has been bankrupted and things may be getting back to normal, so perhaps precious metals aren’t the best place to be. The validity of this view remains to be seen.
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