Wednesday, June 17, 2009

GOLD APPEARS TO BE READY TO MOVE HIGHER


Bonds have moved higher
Yen is moving up
Oil is turning up after an oversupply report
Dow is just below break even, now off 8 points
Dollar is at .8111 and looking weak
The treasury auction wasn't very exciting, so I guess people
are starting to believe inflation might be coming an are
moving into gold