After throwing water on the reliability claims that magazine covers predict major market inflections, I figured I would provide some signs to keep an eye out for that might signal a $GLD top.
10 Signs That Will Tell You Gold Has Topped
10. The Total Market Cap of the TSX Venture Exchange Surpasses that of the NYSE.
9. Dentistry becomes sexy & NBC creates a weekly drama around the personal affairs of an LA dentist’s office.
8. Rick Dees has a viral video on YouTube called “Doing the Bug.”
7. My plumber pulls up to our house in a Maserati and trousers which actually cover his ass crack.
6. Bernanke admits its a currency.
5. Sean Combs partners with The Franklin Mint and creates his own coinage… The Diddy, the Half Diddy…
4. Buffett says he doesn’t understand it.
3. Alchemy makes a huge come back, vc’s over fund and molecular scientists invade the valley.
2. Kate Middleton is spotted wearing Run DMC style bling and thick chains become the coveted accessory among the US McMansion Soccer Mom Set.
1. Biggs gets long the $GDX.
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