oneoldude

Decoding What Gold Is Telling Us

Excellent analysis. Kudos!

I agree with you wholeheartedly. I got into AUY near the lows and have substantial profits in it. I did the same with PAAS.

But what bothers me now is the inrush of new money and all the talk that gold is the only trade that is currently working. Silver is of course gold's little brother but seems to have an excellent (low) valuation in relation to gold at this time. I start getting the heebie jeebies when there is such a large public discussion and rush into anything I hold. It smells like a topping process for the intermediate term is stirring.

Oh my! Whether to hold, or sell and buy lower down. Decisions, decisions!

Good luck all.