Gold still in a bear market.
Gold has gone up for a couple of days and some are claiming the bear market in gold is over?
It just bounced off of August 2010 double dip lows. It will take a lot more than a couple of up days for the bears to cover. Remember the bears will feel no pain for least another 200 point gold run and even then they still will be in the green.
Look at this chart and you will see where the bears started shorting. For them to feel any pain real pain will be when gold hits $1,700 oz and that won't happen till we get another round of worldwide money printing scenerio.