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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (290449)11/10/2010 9:00:54 AM
From: THRead Replies (1) | Respond to of 306849
 
MD,

Perhaps in the short term, but the gold bull has a long way to run yet.

GT
TH



To: MulhollandDrive who wrote (290449)11/10/2010 9:13:15 AM
From: skinowskiRead Replies (1) | Respond to of 306849
 
friend who had been accumulating Silver for
years sold it all.


Not necessarily a contrarian indicator, imo. This is a person who was, apparently, buying low - and is selling, obviously, pretty high.

edit - I'd say governments tend to be a good contrarian indicator. I'm still impressed with the way they were in a panic to sell Gold in the late 90's, right at the low.