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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: ild who wrote (48959)1/7/2006 5:15:43 PM
From: chainik  Read Replies (1) of 110194
 
Ild, do you still hold GLD?

Pretty amazing: technically HUI and GLD are overbought big time, many signs point to a blow-off top, COT looks bad - but RYDEX data are really bullish.

Reminds me late summer of 2006, when many reasonable (IMO) people sold, and HUI rallied 25% in a hurry. I am starting to suspect that we'll see some really silly speculation in gold (and, in particular, in juniors) in the near future.
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