After the Federal Reserve launched QE3 last month, investors and speculators are growing excited about its future impact on gold and silver.

After weathering a long consolidation followed by a major correction, gold stocks remain deeply out of favor today.

While traders hold futures guys in high esteem, they are just as susceptible to groupthink as everyone else. They are actually a powerful contrary indicator for gold.

With gold, silver, and their miners’ stocks drifting listlessly near correction lows, the sentiment in precious-metals land is even more pessimistic than usual.

After a shocking upset in Greece’s parliamentary elections, the US dollar surged dramatically.

The beleaguered gold stocks have spiraled lower this month, heaping misery on poor fools like me naive enough to invest in them.

The world’s stock markets are increasingly interrelated.

With Iran waxing belligerent again, oil has been making headlines lately.

The recent recession-fear craze hammered commodities prices, crushing the stocks of the companies that produce them.

Gold has enjoyed an amazing rally in recent weeks, catapulted higher by the extreme fear sparked by the sharp stock-market correction. Naturally such big and fast gains have led to a surge in gold’s popularity among investors and speculators, as everyone loves a winner. But gold prices flow and ebb like everything else, and this metal has become very overbought today.

With the plunging stock markets terrifying traders, many are running for the hills. Steep selloffs always generate intense fear, a scary emotion from which we humans are naturally hardwired to flee. But in the stock markets, major fear spikes should be embraced. They mark the best opportunities ever seen to buy low, the necessary prerequisite to selling high and multiplying your wealth.

It’s sure been an exceptionally-ugly week in the US stock markets! But these scary conditions are a contrarian’s dream, an ideal time to snatch up bargains.