Monday, November 23, 2009

Crowded Gold Trade

Just a quickie after hearing about this for the umpteenth (look it up) time on financial news. The fact that almost everyone is talking about how crowded the gold trade is makes me think it is not crowded at all. If you thought it were crowded and ready to correct would you still own it? Nope. There is your "cash on the sidelines."

2 comments:

Tom said...

There's also the crowded 'carry trade'.....Do you think it's the same crowd????? Hmmmmmm......

- TomOfTheNorth

Quick Takes Pro said...

It is always the same crowd.