Loading ...gold reminded me of the VXX/long vol trade…I knew there was a big trade in VXX…I chased it for about 6 weeks–but the stock mkt just wouldnt crack and vol seemed dead for all time….gold has done the same thing…it got to the point where it seemed it just wouldn’t launch a dynamic move up NO MATTER how much money printing the govvie did…I think Friday was, finally, the launch of what will be a long run…traders should not worry about missing the bottom…they can just jump in….gold has a long way to go…and silver too–recognition time might just be here!
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