jg –
IMO the actual number for consumer spending is not as important as the fact that consumer spending exceeded expectations by 75% and that Feb numbers were revised to the positive side instead of a decline.
Now, as for your gold follies… short-term timing is tough. You are brave to try. The problem is that you may be generally correct in gauging the economy’s direction, but predicting the net outcome of all the players in the markets and their responses over the short-term is dicey.
