Tuesday, March 10, 2009

9:16PM PDST GOLD APPEARS TO BE MOVING BACK UP THIS EVENING, OVER NIGHT WILL TELL


It's hard to tell from the actions of other markets
what gold will do. Apart from sheer logic, (gold
should be rising to the moon !), this one day
bear rally in the Dow is nothing but an opportunity
for equity bears to short them. This might take
another day, but I suspect, given the FACTS of
todays markets, the Dow will start falling again
almost immediately, and gold will rise almost
immediately from these RIDICULOUS levels.