Zeev's Turnips Patch-No Politics (ZEEV)

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Dan fwiw money continues to roll into Rydex PM fund. Asset level blasted through and set a new high on 3 yr chart. Price is lagging. Dumb money or smart money? CEF fund looks to have reversed, from a complete ABC down.

Appears to me some folks think a big move is coming, and not down.

Right now I am in the camp that gold completed a ABC down off the 374 high. But if 352 on Aug futs is taken out, I'm probably going to scurry for cover.