WTTW: Word to the Wise

Just a bit from a Seeking Alpha article, today.

The trend in high levels of insider selling and low levels of insider buying remain unchanged this week as executives continue to sell into the rally. Of course, they’re not the only smart money that is now selling into the rally. Institutions recently turned neutral on markets after have been bullish on equities for the last 6 months.

For the latest week insiders sold $841.9MM worth of stock while buying just $37.7MM. Notable sales include sales from Goldman Sachs executives:

A long list of executives followed, including the CEO. 

All I can say is get your estate ready for an interesting ride. The second dip is coming and Dubai may have  drawn it closer. Next year, at some point, the Fed will step into defend the dollar. At that point gold and the markets deteriorate. Gold may fall too fast to get out of the way.

A good bet, if you wish to hold gold is an ETF that bets gold will deteriorate. This is the ultimate hedge. keep the gold and win if it the price drops.  Of course, in the long run, gold will do fine, but that is a story about currency, not manic buying.

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I made up the WTTW.