The lesson in the gold slide

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by Chris Becker

You’ve got to get wary when sentiment on a particular asset crosses over from weak to capitulation. As the gold price (in USD) teeters on a year long support, last night’s $20USD rally notwithstanding, the sentiment surrounding the shiny metal is cratering. There are some very important lessons for investors to learn from gold’s bear market, both witnesses and participants.

First a recap from Jordan Eliseo at ABC Bullion:

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