Well, Goldman's telling its clients to dump gold.
If Goldman advises everyone to jump really high, I would advise everyone to get a shove instead, dig a foxhole, and jump into that.Golden Showers As Goldman Tells Clients To Sell Gold
By: ZeroHedge | Wednesday, December 5, 2012 at 03:14 pm
It's around that time of day again - when precious metals are sold hard for whatever reason you care to come up with (collateral requirements, margin calls, alchemy perfected). However, today there is a more mundane reason: Goldman Sachs has suggested its clients sell Gold on the basis that the gold cycle will turn in 2013 thanks to improving US growth offsetting the need for further Fed easing. Of course, Goldman telling its clients to 'sell gold' means Goldman is...
Back to Buffet's Law: "...be fearful when others are greedy and greedy only when others are fearful."