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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Bobby Yellin who wrote (313)3/5/1999 7:37:00 AM
From: Richard Mazzarella  Read Replies (1) of 972
 
bobby, <<it might be used as excuse for sell off>> I think you nailed it. People paid high prices for both tulips and the Japanese market when there wasn't anything else in play, momentum. IMO the current US market is similar. Shake them a little and sometimes people will come to their senses. Unfortunately, I also see gold being flushed with the other excesses if a crash occurs. Having said that, I'll probably buy more gold (xau) since logic is my worst market profit enemy.
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