Despite things looking decidedly negative in Far East and London trading yesterday, the bottom in the gold price [such as it was] came at the beginning of Comex trading at 8:30 a.m. New York time yesterday morning. So the sell-off I was so concerned about in yesterday’s rant didn’t amount to a hill of beans, because by the time the smoke had cleared, the gold price was virtually unchanged from Tuesday. Let’s see what happens today.

Investing bearish right now could help protect your savings.  And just like fellow contrarians have been telling you all along, Ted Peroulakis suggests you broaden your horizons into contrarian investments like gold and silver.