I get worried when i see Gold making new highs, Silver has gone form just under $9 to 23+ in <12 months, AUD making new highs, Dollar index getting slammed etc.... But, is it too obvious to go SHORT AUD, Stocks, Ag + Au, and LONG USD????
Some of the indicators are in the extreme overbought ranges, esp Silver.
However, i do hear Lord Keynes "Markets can stay irrational longer than you can stay solvent!"
Today i sold all my Silver except physical. Though my long term target is much higher than current, no bull market goes up in a straight line. Flicked my BHP which i got a few weeks back at 37.02. I even bought some green colored cotton monopoly money made in Massachusetts and dropped by helicopter by the FED.
Seems to be an clear contrarian move in the making now. Im sure im wrong....
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I get worried when i see Gold making new highs, Silver has gone...
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