Gold is beginning to get some love in the press and blogs out there.
From the Wall Street Journal: Gold’s Washout May Produce Buying Opportunity (not gated). Some quotes:
- “It’s looking like a tremendous washout,”
- “It feels to me that capitulation is at hand,”
Like I said, the article is non-gated, so you can read the whole thing and make up your own mind.
Also, from Barry Ritholtz: Is Gold Overdue for a Bounce?
- “it has free-fallen so far that a counter-trend rally is over due”
- “The bull market is broken, the prior narrative has utterly failed, and is no longer taken seriously, except by yellow metal jihadists and other assorted suckers.”
Ritholtz’ blog is non-gated too, so you can read the whole thing at the link.
