This little bottom pattern only targets 22 and change, but that does not mean it won't go higher. Considering my remaining gold miners have been the best movers in an 'all one inflation trade' rally this spring, I think it is time to hedge with some things that I think are bearish in relation to gold over the coming err, adjustment phase.The euro's one of 'em. Oil is another. Slowly adding to the shorts here. Now short financials and euro. Looking for entry on others. People who want to play it safe in this high risk environment might wish to stick to a high level of cash. Edit (10:58) Short list now includes crude oil via SCO.
