In the UK Sunday Times there is a section called 'Money' which is aimed at the private investor and reports on the personal finance world.
The 'Money' section has a notorious and a very profitable record of calling tops in markets by publishing flashy pieces on how investors must get into certain stocks/sectors/assets etc because prices are only going one way.
And in the Sunday, April 16th issue there was a full page piece on Gold, how it was going to $1000+ and how investors could buy into it etc. The only small negative is that the article was on page 3 and not on the front (front page headlines always carry more weight).
We’re betting that this article puts a lid on gold for the time being and are going to sell at least 15% but not more than 33% of our holdings this week hoping to buy back at a cheaper level over the next several months.
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