First published by Money Metals here:
https://www.moneymetals.com/news/2017/05/08/capitulation-in-bullion-markets-001066
If sentiment is any indication, the bullion markets look to be bottoming. Metals investors bought with enthusiasm for most of the time since the 2011 peak in prices. They put up with years of declining prices, often looking at dips as a buying opportunity. But the most recent price smash is more than some bullion investors can stomach, and they are headed for the door.
