is the bottom in for gold?, page-47

Parrot,

Gold is in a bubble, gold equities aren't.

I'm not exactly sure why, possibly because more sophisticated investors don't buy into the $10,000 gold scenario like some here. The XGD is up 13% pa for the last few years but gold is up much more.

Some of the claims of future riches I've read here would make comic reading for anyone wanting to write a book about the GFC and the gold boom.

I don't profess to be a TA guy but if you look at the XGD it formed a symmetrical triangle recently and has broken out to the downside, so I can't see gold going anywhere, especially with the USD, (which you trash) being the hot potato it is at the moment.