Gold Forecast And Penny Stocks Testing Key Support

In 2011 gold and gold mining stocks topped…and since then prices have been falling. I think there are several reasons for this with the main ones being the strengthening dollar, and the fact gold and gold stocks were the most talked about investment I had ever seen when they were at their highs in 2010/2011.
When there are ADs on the TV and radio to buy gold or sell your gold jewelry, you know the market is saturated and every investor and trader who was open to the idea of buying gold had already done so. That is when prices start to erode, which they did and precious metals and miners are still in that bear market three years later.
Another important force at play here is the fact speculative investors or their emotions in which make them want to trade high risk stocks for massive gains have been broken. (more)

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