Setting the Stage for the Collapse in Metals – Gold Stocks
Thursday, November 13, 2014 at 11:55PM
Gold Prices

Posted on November 13, 2014 by 


For a classic bottom in any market, you have to just reach the point where the majority believe that the market is dead and it will never recover again. This is the traditional development at a major historical low. 

Despite the ranting and screaming, ETF inventories in gold continue to drift lower with more than 110 tons of gold having been liquidated since late August.

The diehard Goldbugs do not want to talk about the demise of gold but this liquidation trend in the retail area continues.

While there has been a slight increase in physical offtake at these lower numbers, thus is minimal and will have no impact upon prices,


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Is the bottom really in? Could there be a final capitulation just ahead of us? What is your next move?

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Article originally appeared on Gold Prices (http://www.gold-prices.biz/).
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