Tuesday, May 17, 2011

Lessons to be learned from the Gold and Silver Correction

According to Jon Nadler, senior analyst at, there is a lesson we can learn from the recent Gold and Silver corrections and massive selloffs : I think that the number one lesson is a repeat of the lesson actually and that is that whenever you see the crowds piling in. You've got to be mindful of the fact that when the sky appear the bluest that's when surprises happen. Time and again people learned along the way the hard way by piling in when its headline material and Forget their true Objectives and of course you know buying it in a bubble that type of bubble has consequences "

Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

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