Contrarian investing is a powerful tool. Often, the consensus view is wrong, and the masses are all making the same mistake. When we learn to identify those setups – and invest accordingly – we can sniff out incredible opportunities that everyone else is missing.
It’s not foolproof, though. At times, the crowd might be right instead…
That’s the situation with one precious metal in recent years. Prices crashed… and then crashed some more. Along the way, investors became the most bearish they’d ever been before – and then, they got more bearish.
The crowd has been right so far. But now, sentiment is at its most bearish level yet – right as prices are beginning to reverse. And as I’ll explain, history shows this precious metal could double as a result.
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