MarketWatch/Barbara Kollmeyer/7-12-2022
“I think this buy-the-dip mentality has just been so deeply ingrained, I think by the time this bear market has run its course, people will have sworn off stocks for another generation…but that will be the buying opportunity.” – Simon Ree, Tao of Trading
USAGOLD note: The storm will rage for some time until a preponderance of investors come to that conclusion, but once they do, it tends to stick for the duration. Many of those same investors ultimately become gold owners to provide some peace of mind.