The ultimate gold sell signal

A

ASusilovic

Censored here for impressionable FT Alphaville readers — a contrarian indicator in gold, if ever there was one. From Page Three of Wednesday’s Sun:

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http://ftalphaville.ft.com/blog/201...3-from-essex-♥-gold-futures/?updatedcontent=1

ROFL ! LMAO ! I just recall the Giselle Bundchen call for EUR/USD...Strong sell, gentlemen ! :D :) :p
 
There's certainly a bull market in people calling for a top in Gold. Perhaps that's the REAL contary indicator to indicate we're going a lot HIGHER.

PS. How many magazine covers of nerds and computers from 1996 till the top of the Nasdaq around 2000? Plenty of course...........
 
They called a top at $600

Then $700

Then $800

Then $900

Then $1000

Then $1,100

Then $1,200

Then $1,300

Now $1,350


One day they will call a top at $25,000 and it will finally drop and they will all scream "I TOLD YOU!"
 
Quote from peilthetraveler:

They called a top at $600

Then $700

Then $800

Then $900

Then $1000

Then $1,100

Then $1,200

Then $1,300

Now $1,350


One day they will call a top at $25,000 and it will finally drop and they will all scream "I TOLD YOU!"
More...

At least being "early" is not the same as being "wrong"...
 
Who can say. I will say one thing though. Trading gold has been more fun than any other trade that I can remember. May the fun continue ...
 
Here's my contrary indicator that will signal the gold top:

When deadbroke throws in the towel and goes long.
 
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