sundrenched

Gold: The Only Remaining Bubble?

I put in a sell order on my GLD holdings while the going is good after reading your article. It had been on my mind for the past 2 weeks. Everyone and his dog is getting in this game now, not because they want to own it at this price, but because they want to flip it on to a Greater Fool. Gold may well rise a lot further, but I doubt many will get out in time once the momentum goes the other direction, as always happens when the only reason for buying is that everyone else is buying.