No matter what assets you invested in, the only way to make money and become rich is to adopt a contrarian approach. Most investors understand the investment principle of "buy low and sell high" but when it comes to practice, most people will refrain from taking a position that opposes the majority. This trend is similar for any market - property, equities, currencies and precious metals (gold and silver).Currently the Wall Street's Dow Jones is at a historic high of 16,000 points, recording a stock market bull run that stretched from 2009's 6500 points. This represented an incredible 250% jump within 4 years for the United States' stock market. A sensible investor would have refrain from investing in the stock market, given the bubbly state. Conversely, gold's performance has been dismal this year. According to BullionStar, gold prices have plunged more than 30% since the start of 2013. This ...
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