reversal, page-37

Siamese Parrot Said
The market looks high risk, and the higher the gold price goes - well - does the market ever look low risk with a high gold price?

That's why investors the world over end up flocking to gold and gold equities imo. This time will be no different and NCM will make substantial new highs in a market that looks high risk imo.

BDZ Says
Mate if that is the case why did they all flee everything when the Irish CONcerns were raised. If it hits the fan traders will get out of or short everything. Gold was not seen as safe recently and went down with equities on Irish concerns. Where the majority sit is the most dangerous place to be in this game. There are so many inexperienced people investing in gold with "excessive confidence" that have never done so before(even Voltaire took some profits off the table just a little while ago). This is the early signs of a bubble. Gold like all investments is not bullet proof. As stated before study charts on last gold decline fron its boom. Watch how fast it decended!! Am I calling a top, NO but asking those in to be wary and make some mental decisions now ready for any changes as in the heat of battle freezing is common amongst amatuer investors/traders

BDZ ;)