The Really Useful Gold Thread

I listened to Financial Sense on the weekend of the 10th Dec with Frank Barbera. He called an imminent decline in gold. I watched carefully the following Monday as it continued its ascent and stayed long. Then it crashed the rest of the week. I listened again this weekend. Again he's calling for a drop to well under $500 for a couple of months. This time I'm not ignoring. I've sold most of my holdings into strength today (warrants and majors and later options) but am holding the minnows which are less reactive.

Quite frankly this is the time of year to take some cash off the table and relax. Now to lean back and see if we get a repeat with a drop.