I go long Gold and intend to hold this position for just 1-2 weeks, since it is obvious that we are in a US-Dollar Uptrend and in a Gold downtrend. The Investors still wane themselves in safety in Government Bonds and Stocks.
To me it seems we are in a BOND BUBBLE! So it would make sense for stocks to stop their advance for a few months and for Investors worldwide to rush into Government Bonds, especially in Europe. Stupid idea if you ask me, but hey it´s a bubble! Comments are closed.
|
AuthorPascal |