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<p>[QUOTE="Yankee, post: 743936, member: 18618"]I agree! I will be getting rid of another 20 ounces tomorrow! Gold's running attack on $1,150, but it hasn't beaten down that gate yet. Am I nervous that this rally might end? Well, yes and no. Yes, a correction is long overdue and could come at any time, but only a short and shallow one. The big correction won't come before gold finishes this rally, and its target is $1,300. What makes me most fidgety of all is all this coverage of gold on TV, radio, newspapers. That's feels like the kiss of death, from a contrary standpoint, all those parvenu speculators crowding into gold. They will head for the exits and take their support with them just as quickly if gold cracks. A fast decline would shake out all these weak hands, and good enough for 'em. But gold's climb since last summer has been relentless, and wise men don't fight bull markets. Let your profits run and cut your losses short[/QUOTE]</p><p><br /></p>
[QUOTE="Yankee, post: 743936, member: 18618"]I agree! I will be getting rid of another 20 ounces tomorrow! Gold's running attack on $1,150, but it hasn't beaten down that gate yet. Am I nervous that this rally might end? Well, yes and no. Yes, a correction is long overdue and could come at any time, but only a short and shallow one. The big correction won't come before gold finishes this rally, and its target is $1,300. What makes me most fidgety of all is all this coverage of gold on TV, radio, newspapers. That's feels like the kiss of death, from a contrary standpoint, all those parvenu speculators crowding into gold. They will head for the exits and take their support with them just as quickly if gold cracks. A fast decline would shake out all these weak hands, and good enough for 'em. But gold's climb since last summer has been relentless, and wise men don't fight bull markets. Let your profits run and cut your losses short[/QUOTE]
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