With most major financial media trumpeting the end of the 12-year gold bull market, David Banister of MarketTrendForecast.com suggests that now might be a good time to go against the crowd.
Over the last ten years, the Russell 2000 has called the late spring/early summer top correctly eight times, writes Andy Waldock of Commodity & Derivative Advisors, as he offers a trade idea based on this seasonality.
Gold's chart has suffered major technical damage and both gold and silver may just be starting a bear market, writes Chris Vermeulen of TheGoldAndOilGuy.com, so he urges vigilance, but no action.
Gold has rebounded strongly after April's massive sell-off, but Gary Tanashian of BiiWii.com doesn't think that the precious metals complex is out of the woods yet.
Based on data in the CFTC's latest Commitment of Traders report, there is a possibility for a significant rally this summer, if weather conditions are not perfect, writes Andy Waldock of Commodity & Derivative Advisors.
The swift recovery of gold prices following its the largest one-day drop since 1980 has calmed the market somewhat, but Przemyslaw Radomski of SunshineProfits.com writes that the correction is not over yet.
There has been plenty about gold's swan dive, but less talk about silver, writes Peter Krauth of Money Morning, but that's where the real big money can be made.
Asset prices can correct in a hurry when sentiment shifts for reasons that may not be clear at first when support levels are broken, and emotional selling takes over, notes the staff at Briefing.com.