After discussing Euro sentiment, which is near an all-time low by the indicator he uses, "Babak" turns to several gold indicators and finds one of them at an extreme: the Daily Sentiment Index, from trade-futures.com. It clocked in at 98%: virtual unanimity.
The others, though, don't show extremes although they're all solidly bullish. It looks like some caution is still around, including amongst investors in gold stocks.
On a related subject, George Soros has reduced his exposure to GLD. The blogger who points it out argues that Soros likely made a mistake.