Wednesday, January 23, 2013

Final Pulse May Be A Stunning $8,000 For Gold & $500 Silver

Kevin Wides differentiates between the "Smart Money", "Institutional Investors", and "Public" for the different stages in a mania bubble, namely the Stealth Phase, the Awareness Phase, the Mania Phase, and the Blow Off Phase.

My labels are less polite for these group of investors:  the Smart Money, the Big Money, and the Dumb Money.

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