While gold is correcting, possibly to aprox. $1280, Walstreet looks on any news as a good news, regardless if it is just a seasonal or temporary employment, or even worse then anticipated- it is all good. Like after having a few good Belgian Blond beers- next few Milwaukee taste just as good.
It is time to short the Market. Yes , Indian weddings are over and possibility to make a quick buck makes fund managers to take some profits from gold an move it to equities , but PIGS are still there and getting worse.
" Strong" dollar masked by week Euro make them believe that we are out of woods .. " Quiet before the storm".
I've been fool in 1999 - never again.
