gold, silver and their stocks were on a tear last week
interesting too that the metals behaved this way while oil dropped $6 mon/tues and then moved sideways the rest of the week – if this was a typical movement into commodities, oil would have been up with the metals – it’s almost like gold and silver are acting like currencies instead of commodities (that’s a hint people)
there is a rumor floating around that a Lehman-sized bank or hedge fund is about to go tits up – and that insiders are positioning themselves in the precious metals prior to the announcement – why would they do this? – when Lehman failed gold popped up $70 (sept 15, 2008) and then silver popped up $1.70 (sept 17, 2008)
we also have China this past week encouraging their citizens to buy gold and silver – that’s 1.3 billion people being urged to save in the precious metals – why would the Chinese govt encourage their citizens to move OUT of fiat currencies and INTO tangible goods? interesting question, no?
that big blowoff in real estate around 2005? could happen to gold. when it’s non-pinky ringers buying and selling gold at the office, then it’s time to get out.
that big blowoff in real estate around 2005? could happen to gold. when it’s non-pinky ringers buying and selling gold at the office, then it’s time to get out.
that big blowoff in real estate around 2005? could happen to gold. when it’s non-pinky ringers buying and selling gold at the office, then it’s time to get out.
that big blowoff in real estate around 2005? could happen to gold. when it’s non-pinky ringers buying and selling gold at the office, then it’s time to get out.
