radge

I thought a great indicator had been found in British Bulls, but I see one major problem. It is not tracking what we generally have: It tracks paper, we have gold. All the advice I've seen posted on the net of late, especially with the suspected disconnect between paper prices and physical gold (& silver) prices, is to ditch paper and get physical. If folk follow that advice, it follows that the ETFs will take a hit and BB may correctly forecast a bear phase on its terms but which is not realised (or very transiently realised) in the physical market. Then again, I saw somewhere that the ETFs had only retreated by 11% of their holdings in the last correction, so I suppose they still have a major influence on the market price.

Silver Sammy was sighted in the wee sma' hoors this morning so his record remains intact. I'm sorry, but I can't find the link.

I did indeed mean that reference, Goldfinger. Knowing my luck, if I instruct my bank to send some of my beer vouchers to BV, Gold will be > $960 before it gets there. This last week has really been one long hamlet cigar moment!

4 Reasons to Buy Gold Now GEI and Goldfinger (in a roundabout way!) get a mention over at Money Week.

I wish I'd waited a couple of weeks as well, but ho hum! Picked up a wee drop today. I'm still confident over the medium term. I just wonder what's brewing? The PPT has been content with Au > $850 all year, what's changed or what have they got in the pipeline?

Booger me! Did someone discover the Philosopher's Stone @ 16:30A today?

Narrowly missed increasing my stash in today's 'afternoon tea slapdown.' Hopefully their bankerships will oblige again tomorrow!