Not really. POG's rise from $1500 to $1900 warrants an equally strong pullback. Unless you have an explanation for this particular rise?

1-QE1

2-QE2

3-SOON QE3

4- THEN QE4,5,6,7 AND ON AND ON

4- BETWEEN 3 TO 7 MAJORS EUROPEAN CONTRY ON AUSTERITY PLAN BEFORE 2012

5- USA DECOTE FROM S&P AND SOON FROM 2 OTHERS

6-CHINA WHO WILL STOP BUYING USA CRAP BONDS

7-SAME REASON WHY RISE FROM 1100 TO 1500

i can continue for hours but i think i don t need to

dmaster