CME changed margin rate today.....
"Margin rates move higher, always, in a bull market. It is good, not bad news for price." Jim Sinclair
"Conclusion: gold has either already finished the correction or requires one minor drop below yesterday’s fixings to finish it." 2011 Jan 18 Alf Fields (gold was at $1357 at that time).
Two very well respected guys - with a long history of being spot on.
Wish I could attend the show....maybe the next one...
Have a great weekend!
Kurt