Scared Stiff

Major Market Turning Point Ahead (Part I)

Good insights, I enjoyed reading this article. One point I would argue with, however:

"If you were to review the blogs and postings of die hard gold bug analysts you would find that they have all opined at one time or another that when the public is widely involved in gold that that would be the top. Well this has happened...and without a commensurate bubble run in the metal."

I don't think this is entirely accurate. The commercials I see are all pushing opportunities to sell gold, not purchase it. The public has been very much involved on the sell side, but not the buy side. I'm not sure that's what the bloggers had in mind when they made the statements you refer to.