As this rally shows no side of letting up, think Risk/Reward.
How high can it go if you buy now. How low can it go ? If you do some analysis and reading then you will agree that this rally needs a break and he upside is limited and downside seems huge.
This is just my opinion. If you hold longs , protect them with a stop loss.
The markets have been igonoring all bad news , but sooner or later its going to face the reality. I am not buying anything new here. Maybe a little more GLD/GDX.
But I will wait for consolidation/pullback before I buy any calls.
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