Look, I could be like the pumpers, pull out my pom poms and brag about how much money I am making. I could tell you that NFTRH effectively called this hopeful blow off (well, I guess I just did :-) and I could make this blog a feel-good place for us to party while the party is on.But that is not what happens here, because that is not the way I am wired. The hammered down GSR (GLD-SLV used here as a proxy), while bullish in the very short term is now approaching CODE RED targets. You can watch CNBC and listen to Bernanke if you want. You can get caught up in hope and a feeling that 'yes, together we CAN, especially if we go GREEN', reduce our carbon footprint and hope the wizards can keep manufacturing funny munny to outrun the deflationary beast. You can go with all the old habits... or, you can understand that RISK IS RISING even as euphoria takes a blow off.
