The Turd thinks the bottom is close, and I have pretty good faith in his analysis.
The problem with this image is that it is too perfect. It needs a big fat trigger, or I’m not so sure it will work. Sentiment is pretty crappy, but crappy enough? Perhaps. We do have an interesting situation in US Treasury bonds :
Taking a look at the TIPS spread (interest rate on regular bond – interest rate on inflation linked bond) is also interesting :
Finally tungsten-bars have resurfaced again. For those of you who invest in very small gold bars, this won’t be a problem since it would be more expensive to drill into a small gold-bar and fill it with a tiny amount of tungsten then you would actually earn by doing it.
Thats all I can muster for now. Stay tuned. Keep stacking.