IS GOLD STILL A BUY...?

PERHAPS IF YOU AVERAGE IN... AND BOOST BUYING ON ANY DIPS...

THERE SHOULD BE SOME MAJOR DIPS...UNLESS THIS MARKET HAS COMPETELY CHANGED... BUT I DON'T LIKE THE HOT MONEY COMING IN TO CROWD THE TRADE... AND THAT IS HAPPENING...

THE WORST THING I FEAR IS THAT GOLD WILL BECOME A "SURE THING"... I LIKED IT BETTER WHEN THE GOLD BUGS WERE CONSIDERED TO BE A LITTLE NUTTY...

BUT THEN GOLD WAS SELLING FOR 300 AND NO ONE WANTED IT...

A LOT OF MONEY RUNNERS WILL START DAY TRADING GOLD...IN THE FUTURE....THEY NEED THAT MOMO TRADE...WITH A GOOD UPSIDE BIAS...

ONCE OIL HITS 100 AGAIN... LIKELY THE FED WILL REACT...

THE BIG QUESTION IS HOW FAST THE GOLD TRADE WILL UNWIND IF THE FED GIVES SUFFERING SAVERS "AN INTEREST RATE" TO HANG THEIR HATS ON...

IN THE 70'S AND 80'S...IT DID NOT HAPPEN IMMEDIATELY...BUT THAT WAS PRE-CABLE...AND TODAY THINGS ARE MORE COMPRESSED...