[Cold Heat]

The fact is that everyone is just about as liquid as they are going to get. This worm is about to turn because like oil, it is largely based on fears. The additional liquidity will eventually overcome the trends.

There are some great bargains now, and the buyers are beginning to come back but it's hard to say when all the pain will be wrung out. But when it is, better not be holding a lot of expensive gold. That bling will be blowing chunks.

[palmer]

That’s what my chart shows, the key word is “eventually”.