The Quick Takes Pro blog by Michael Kahn, CMT about anything that might affect your portfolio.
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."