from King World News
With the price of gold soaring $30 and mining stocks on the move, but we have never seen this in history…
December 7 (King World News) – Peter Boockvar: Last week I said the bull boat was standing room only and that was when the Citi Panic/Euphoria index was at 1.10, along with other measures reflecting ebullient sentiment.
[…] This index ended the past week at 1.51, the highest since early 2000 so that boat doesn’t have much room for anyone standing either. Anything above .41 is considered euphoria so that we are now almost 4 times that, it’s hard to ignore.