Gold top 2011 is doing pretty well..
About a year ago, May 4th 2011, I made a marker player to call a long term "top" in the price of precious metals and mostly gold/silver. I called him "goldtop11".
Goldtop11's rating is now 99.17. His accuracy is 85% and score is 1918 and rising.
Since I have many of his picks in my regular "rofgile" account, this has also been rising parallel to Goldtop11. My real life investments seem to go in a different path than my CAPS over the last year, alas.
Perhaps we really did have the peak of the gold bubble in the last year, and we are now seeing a gentle deflation of the price of gold for the next decade? September 2011 was the peak in the price, so I was a bit early still on my call of a top in gold. And my rofgile account has been betting against gold since 2010 at least. Much of this has been because I felt we were in an economic recovery earlier probably than the mainstream view.
My hypothesis has been that the gold bubble would pop when the economic recovery gained momentum and the fad stage of hucksters like Glenn Beck lost whatever shine they had to the masses. It appears that the mainstream are starting to value conventional assets like houses and stocks again..