I don't know that it happens right away, but I think the "snap-back" move we get in the sector will shock a lot of people, even long-time metals and mining stock participants.
Gold has in no way topped. The gold reaction per day in terms of percentage was nothing whatsoever. We have in no way reached the level called “thrilling with bullish bliss” common of a top. Every dollar we have won has been paid for in blood. All the short of gold wunderkin Masters of the Universe will have to be destroyed before gold is fully priced. The community, if you can still call it that, is in a psychotic episode that is soon to end. - Jim Sinclair