Adam Hamilton has pretty good track record, and I particularly like his Relativity Trading system. (distance of price from 200 day MA). His view gold has moved too far, too fast.
I think gold has further to go in the medium term but not too much further short term. It feels like a lot of people are being sucked into a no-brainer' position and a decent correction will soon be sorting them out.
I currently hold 2 gold specs but am moving closer to the exits.
My view is that when gold stocks really start moving (after a good correction first), it will be the beginning of the end. Hope it starts soon. Really looking forward to this phase three of the gold bull market.
