aussie market goodbye, page-5

I don't think you can say that our market is finished ..which it what I presume you mean..it's been sluggish since Oct09....we need to retest those mar 09 lows in order to move up convincingly....IMO

The Japan earthquake is the Black Swan event that the market dreads...

Gold has been looking toppy for sometime....The Dow has been held up artificially with quantaive easing.....

The smart money were well positioned in gold way before the general public even thought about it.


Japan is offloading all it's gold and silver positions and getting into cash...and i would imagine at a huge profit....

Sell gold ..get into cash and wait to buy equities when they crash....

It seems everyone is saying get into gold....they only say that when they are already positioned....no buyers left but now plenty of sellers!!