from Gold Silver Worlds:
It is impossible not to read some source, informed or otherwise, touting the “fact” that the price of gold and silver will be [insert whatever amount you wish, here], “in the coming months”, or safer, “in the next year or two,” etc. Yet, the market does not echo those almost universally held sentiments.
Because that is exactly what they are, sentiments. When it comes to sentiments or opinions, regardless of how close to source or how well reasoned, the market does not care. One of the better “resolutions” one can make going into 2013 and beyond it to follow the market’s lead, stop trying to lead it, waiting for it to catch up to your trading acumen.
But what about the shortages in silver production v demand? What about the overly re-re-hypothecated gold leases from central banks that cannot possibly cover actual demands for gold? What about the possibility that all of Germany’s [and other countries?] gold is gone and so much of it is being transferred to the East? What about [insert whatever issue you wish discussed, here]?
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