I am well aware of the odds against me. The last 20 years December has seen rising stock markets 16 of these years.

But I also know that from the first of January 2013 gold could be chosen to hold your money in instead of currencies at your bank. A new gold standard has been created from this date. The banks want to buy gold now, but in many countries the banks lack funds to do that. Instead gold might get lower this month on selling to pay taxes.

The optimism before Christmas is natural and for the the big money December is the month to take short positions at the very top of the stocks. The big money is helping the stock markets to go higher and higher in December. In 2008 the shock on downside came the first days in January. That has happened in the currency markets many times and in commodities when the trend suddenly has changed the first days of the new year.