Gold is Parabolic…WTF?

I am long PAAS, GOLD, SLW, GLD and Canada so happy, but really…

This is not going to end well for so many people.

I don’t read enough or know enough about gold to truly understand the move.

New wealth loves shiny things. Gold has generally risen during periods of inflation, global instability and a weak dollar, but history has never been kind to parabolic gold moves – at least for gold bugs that is.

I am so glad to be doing less and mostly watching stocks but am truly mesmerized by the surge and the deeper implications. Please continue to add your 2 cents.