Proving that the sobriquet "dumb money" is well earned, retail investors apparently still have not figured-out gold.
- They are not buying gold or gold miners, even at fire sale/bargain prices.
This is dumb.
Central Banks, however, are accumulating gold like crazy. Say what you will about them, these guys aren't dumb.
- They may also know exactly what is coming down the pike...
Ignore the words. Pay attention to the actions.
Friday, 17 August 2012
Gold: Retail investors vs. Central Banks................from Rico
From Theo Spark at 09:28
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment