hoye,dent,faber, roubini

Can all play the big bad contrarian as much as they like RE gold and the USD but the fact is that we are entering a period when sentiment will not count didley squat toward offering ANY indication whatsoever of the short or med term trend.
In other words in years gone by when the bull/bear sentiment indicators were heavily in favour on side or the other it signalled a trend change.....NOT THIS TIME!....Why?....because we are entering the final phase (blow-off phase) of the gold market and indicators will remain overbought for minths on end and defying all logic.

The only thing to do in this final pahse is sit down and hold on!!!!

New Yorks action was categorically BULLISH and impulsive. Get ready for new all-time highs.