Finish Flags waving in gold and silver…

Posted on Sep 08, 2012 by in Letters

http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=5&dy=0&id=p96388783504&a=255869372

 

http://stockcharts.com/h-sc/ui?s=SLV&p=D&yr=0&mn=9&dy=0&id=p15218233755&a=236108789

You can't get much clearer flags than those flying in gold and silver today.  Virtually perfect formations.  So what do you do when you have a lead pipe cinch?  Bet the ranch?

Maybe the outhouse, but not the ranch.  And besides that, which way, long or short?

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