Mostly: Classical

[amarksp]

Martin M - Gold

"Risk Ranges: Narrow $575-$680, Wide $535-$700. The risk ranges havenot been altered this week. Our longer-term bias remains very bullish, but we remain uncertain about the near term. I continue to think that gold will form a base in the $600-650 range. We’ll see."

June 2nd, but although dated looks plausible scenario...?
http://www.victoradair.com/pdf/GM20060602.pdf

FWIW, did a bunch of selling last few weeks of LT core gold positions. My precious metal stocks now down to 30.4% of my portfoliio, cash+T-Bills @ 50%, physical gold/silver @ 7.6%, oil/gas and commodity stocks make up the balance.

Am now officially worried about Japan/US decrease in liquidity and for the entire stock market over the next 3-4 months.