Gold Today: Complacency can be dangerous

Gold Today: Complacency can be dangerous

Gold Today: Complacency can be dangerous

Because of my concerns, I am continuing to suggest raising cash and taking short positions against the equity markets. This year it could be the disintegration of Europe that triggers the next waterfall event in stocks and commodities. We want to be ready to defend the gains we have been fortunate to make in 2010.

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