Gold is rocking the night away

Gold is way up year-to-year with significant gains from January. Joshua M. Brown writes at The Reformed Broker, “In my experience, once an asset class or commodity takes out a multi-decade high, it’s probably a mistake to think you’re smarter than the crowd and fade it. Think about the wise guys who wanted to sell into the Nasdaq as it challenged the dot com bubble high of 5,000 – now it’s 10,000 just a few years later.”