Dow futures this morning are sharply lower. It has certainly been another roller coaster this week on Wall street. The credit crunch seems to be intensifing.
Looks like many investors have become very risk averse.
I’m still a gold bull, looks likely it will very shortly surpass the $1000 threshold. Still much lower than the $2000+ inflation adjusted gold prices during the 70s stagflation period. It has progressively become a larger and larger percentage of my portfolio in the past couple years.
