Cl001 - Gold
I am participating this week with the Gold run. I am about 30% Gold and freed up another 10% on Friday in case there is some kind of pullback next week.
But I am very wary of Gold. Every gold bug will tell you how predictable it is (it's going to the moon now!), but my feeling is that there are so many interested parties, some with very great influence, that are in control of things, that it is in fat very unpredictable. It's not a simple case of supply and demand with a few twists thrown in. It's very convoluted. Certinly not one that I understand.
Proceed with caution, but then you usually do. I'm sure you'll be one of the first ones out since you seem to stay on top of the markets signals so well.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
