williemo

Bullish Sentiment Continues for Gold and Silver Stocks

I would like to see your opinion of gold and silver at the beg of 2010, when they are headed to the lows of the fall of 2008. Things are great now, but doesn't this remind you of what crude did at it's blow off, only to crater to half the highs, within a very short time period. The cyclical highs of gold and silver are very close now, or possibly later in Nov, but lower values in GDX and SLV are coming, sooner than you might expect. Maybe it will take more bullish sentiment to get us to the ultimate highs, but at these levels, it's just too risky to place bets. I'll be ready to short sooner rather than later.