Oil and Gold

In the last week or so gold has continued to go up in price even on the days the market is down and oil is down. This is a change from recent patterns of the last 3 months or so.

It tells me that something is up. Either we are on the verge of a big breaking news item that only insiders know, or large hedge funds and institutional investors are about to take their profits in this bear market rally.

Either way, this market is very dangerous. Unless you are a serious trader or VERY long term investor, stay out of it for a while.