Still on the bull and people should really start to consider the wisdom of their vast holdings in the paper of many nations. Around 1.5 years ago I wrote something called "The Next Bubble" or something along those lines. This was during the crash in all stocks in all sectors and geo locations. The article - an NFTRH excerpt I believe - centered around gold, gold stocks and common sense. Imagine that, a bubble in common sense? A rush to leave the old casino style investment patterns behind.Think about the possibility of a mass global loss of confidence in the realm of paper. Think about the relative few of us who are even aware of the gold sector in relation to the vast paper edifice. Think about the revenue-free dot.coms and that bubble, only this time with the hysterics being applied to something of real value (even as many of the best future performers - exploration companies - are currently revenue-less, in a funny and ironic note).
And best of all, this is not about the nominal price of gold. No, this is about relative performance. Gold looks to have just about completed the consolidation of unsustainable highs off of the crash downside mania. We'll have to take a look at the Ticky Toc Clock again for an update there as well.
Meanwhile, gold-CAD is finding its destiny.
