Do you see these omens in a dream? Or in your Cheerios?
When things change and Gold becomes unattractive, I'll take my profits and run!
So when will gold become unattractive?
Its a technical "decline/crash" indicator. You can Google it yourself :)
So when will gold become unattractive?
When companies stop going bankrupt over their pension plans, inflation gets under control, the trade deficit comes into some reasonable line, we reduce our debt slightly, and there is no need for the Fed to raise interest rates.
If all of that falls into place, I'll be running from the stuff like a vampire who just met a garlic pizza.
Until then, it is QUITE attractive. Silver is even better, but that's a "short supply" play.