With gold and silver weaker in overnight trading, Richard Russell recently commented, “I keep wondering if we're now in the "scary correction" phase of the gold bull market. This is the juncture where gold scares hell out of everybody, prior to its final speculative phase. The gold bull is angry, and he wants to gore or shake off all the late-comers and day-traders.”
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2011/1/17_Richard_Russell_-_Gold_Bull_is_Angry,_Shaking_off_Late-Comers.html