one_muggle, I would have thought that if gold were overbought, that it would have moved down with all of this – ppl selling to get some more liquidity, possibly cover some bad bets. But it hasn’t done much of anything recently.
On the other hand, it would do well with the dollar weakening, but the dollar is strengthening. So I have no idea whats going on with it. Seems like there is better money to be made elsewhere right now though.
