Goldman's Tactical Capitulation Is Your Buy Signal
Wall Street gets nervous
The correction has done exactly what corrections are supposed to do: shake out weak hands and create doubt. Goldman Sachs has become "structurally constructive but tactically cautious," options markets are pricing fear, and sentiment has cooled dramatically. History suggests that when Wall Street begins focusing on short-term risks after a correction, the opportunity is often closer than it appears. Here are seven reasons to buy gold now into Warsh weakness.