Hey Bullau,
No offence here but I'm not sure why you went into the bear camp awhile back on the pm's it doesn't make sense to me. You have said you have seen a top already a few times now and I think you even said you shorted something too. You must be still short or like you said dumped everything except PLE and watching the fun from the sidelines and that sucks when it's usually the biggest moves that happen when the powerful breakouts come like now!
Gold/Silver have not shown any signs of weakness for some time (except the normal profit taking correction dips) and have been building for this move since the summer and sooner. Now with this breakout today (I have been watching for a push through $1070) and it's here now, only means higher prices at least $1100 to start with but IMHO at least $1150+ before the next fair sized correction and then resuming again IMO. Actually if this continues like I believe the shorts are at absolute historic highs and they will get fried bad and could drive up gold heavy one of these days. The World has taken notice that India bought that 200 tons of Gold at spot market price (apparently over past couple weeks) none the less when all along EVERYONE has been saying India won't buy till a correction, I guess not Hahaha. Oh yeah China is expected to swallow the other 203 tons is being speculated by most. Hell I remmeber the last couple years hearing from time to time that the IMF's 403 ton Gold sale will crush Gold back down to $400-$500 per ounce, I guess that never happened either Hahaha.
Anyways this is wayyyy too long already, but IMHO let the market show the time to buy & sell don't try and be a market timer and guess the tops/bottoms it rarely works. When Gold makes a short/medium term top everyone will know.
Take Care
GLTA PLE'ers & PM'ers Y;-)
