Mr T on Bloomberg – Gold short term top?

By Vince Stanzione

I am not a fan of business TV but out of the two I have always ranked Bloomberg more professional than the game show hosts at CNBC.

So it was strange that the A Team Mr T was on Bloomberg, of course I understand that this was a bit of fun and Mr T is starring in US TV adverts for Cash in your Gold, but I worry is this a short term Gold top? We have come a long way fast and taking at least some profits now ($1385) does not seem a bad idea, but long term the trend remains very much up so don’t go out and sell your gold chains yet.

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