Gold broke out to the upside earlier than usual on Monday evening about two hours before midnight when the action usually takes place.
The economic panic in Eastern Europe was the cause which will continue as more and more countries have to admit that their paper currencies are worthless, especially as they print more of them. Sinclair's description of the Euro as
'just another basket of paper garbage' is coming true as the Euro plummets.
The dollar has managed to jump up either because of PPT intervention and/or because there are still enough idiots around who think that paper dollars and bonds are a 'safe haven'! Doomsday will soon present them with the truth. Oil is falling because of lack of demand as people have no money to drive anywhere, or any place to drive to (like work!). But notice that fuel prices are on the rise again. Thanks oil companies...you greedy bastards!
