[jiggyboy]

RED ALERT GOLDBUG PING

And as if the Cramer contrarian indicator weren't enough, we have Goldman Sachs issuing a strong buy today as well!:

Goldman dedicates 9 pages to a regime change in which it goes openly bullish on gold. The report is attached, which we present without commentary but as always, if there is one flashing red light saying the peak price for any asset has been hit, it is a Strong Buy signal by Goldman. The report will likely result in a brief pop in spot over the next 24 hours as the idiot money rushes into the latest Goldman trap. Alas, it also means that GS is now offloading. Be very wary of market dynamics over the next month.

http://www.zerohedge.com/article/goldman-goes-goo-goo-gold-gold-market-poised-rally-us-real-rates-head-lower

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[ikka]

However a lot of gold buying activity goes into GLD and other ETFs. It is unclear whether these ETFs truly have all the physical gold they claim to... if you buy gold, only buy the physical kind and take delivery.

[STD]

ping me please

[Squantos]

Agree.....Cramer says go west....head east !