Snout,
I was doing my nightly reading of hotcopper and spat my beer out laughing that hard at that comment.
Cheers for the laugh, sarcasm at its best.
I don't know and I don't pretend to know, how the Gold price is going to react, but I have read a bit about the death cross (50MA crossing the 200MA) meaning a sell off is possibly on the cards. As people who follow cycle analyst always say, TIME will tell. Hindsight is better though.
I am still trying to understand cycles and how they are measured, check out Martin Armstrong (armstrongeconomics.com.au) it pretty interesting reading. This Bloke was at the top of his game (and still possibly is) before doing some time in the big house.
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