If you look at the last gold bull run in the Noughties and compare our current position in this developing bull run I'm betting there's two years of monthly gains to come before the corresponding blow off top in the charts in 2011.
I'm long physical and some $A producers for this period of time. I am out of EFT trading as I don't rtust those who own them to have physical backing.
You may well be up 6% in overbought territory but in 18 months you'd be well out of the money. All depends on how long you hold.
You missed the bigger opportunity in going short on $A goldies like EVN which is being played big time on a rising GP.
You obviously are not being talked to by the big end of town.
Good luck
