reversal, page-22

Hi Sleepy
thanks mate i had a read, and in here as well


http://www.businessweek.com/news/2010-11-22/soros-gold-bubble-expanding-as-etp-holdings-increase.html

Part that scares me the most is this mini paragraph.


The big negative is that too many people know this and a lot of hedge funds are very heavily exposed,? Soros said. ?Gold has shown tendencies to go parabolic and usually bubbles tend to end in that parabolic rise before the collapse.?

Gold rose more than eightfold from 1976 to 1980, reaching a then-record $850, before plunging 67 percent to as low as $284.25 over the next five years. That peak adjusted for inflation is equal to $2,266 today, based on a calculator on the Federal Reserve Bank of Minneapolis? website.

Just for those who think it will just keep going up forever. Not a need to panic now but avoid over confidence also ,one feels cheers BDZ ;))