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:
There's also the crowded 'carry trade'.....Do you think it's the same crowd????? Hmmmmmm......
- TomOfTheNorth
It is always the same crowd.
Post a Comment