- 80% Of The Move In Gold Will Come During The Final 20% Of The Market—So Hang On!
by Tekoa Da Silva, http://bullmarketthinking.com/
In response to the last few week’s carnage in the metals and mining markets, I felt compelled to produce a YouTube update on what we might be able to look forward too down the line. The theme of this commentary touches on “Pareto’s Law”, commonly known as the “80/20″ rule…which when applied to the markets, states that 80% of the move will occur during the final 20% of a given bull market period.
Furthermore, we might also conclude that 80% of the people will jump on the bandwagon during that same final 20% period. So during these tough consolidations and shakeouts, remember the fundamentals and ultimate destination, as that will provide mental strength.
However, if you’re new to this sector, carefully invest in your education first.