Gold anybody?

20101007 2357 Finally, the irrational exuberance and idiotcy of buying gold hits home, in tandem with the reversal in the dollar. Yesterday they were blaring out the news that 'everybody is buying gold, central banks have stopped selling gold...' on Bloomberg/cnbc. A recipe for the plunge when everybody is 'selling' and heading for the exit...

There is a saying "The time to board the train is when it is waiting at the station platform ready to start the journey, not when it is screaming down the rail line at 150 miles an hour:"