The fund buying has gotten crazy again; they are taking prices to new highs.

The funds came right back in, certainly, and today, I think, the correlation with the oil price was very evident. Oil went up to $75 and the metals went along with it.

Inflation is screaming. All you have to do is look at your life and what it costs.

It's the end-of-the-year foolishness time, where you can run it up and run it down $10 on no news. I think it's a sell. But the downside in gold is limited.

It's a huge technical negative to make new highs and fail. It's the funds. All of a sudden they all turn sellers.

It's a good sell right now. Could it go higher? Yes. But I would I be happy long-term selling at these prices? Oh Yes.

It was such a quiet day and there was nothing going on to move this market.

It was COMEX options expiration today, so they got gold down near the big strike price at $550.

It would appear that we are at the top of the trading range.

My brokers on the floor work every order I give them. You pick up an extra dime here and there, and it makes a big difference at the end of the year.