Food for thoughthttps://www.321gold.com/editorials/thomson_s/thomson_s_030811.html
24. The reality is that the gold community is not greedy at gold $1430. Most analysts blew it, and shorted gold or sold out into $1310, instead of buying. Now the game is to wait for some magical correction that is “just right”, to get back in. That crazed mentality is nothing more than jumping out of the fire and into the fry pan. Rather than standing on the sidelines and waiting until gold $1700 to make the same type of statements about gold you see on silver now,
instead you need to focus on gold and silver stocks, and be prepared to buy the weak ones now, and at prices far below what seems rational.