ooooooh hovering around $1100.. big deal. still down $700 from $1800 euphoric high.
I will buy GLD and SLV soon, but not yet, not yet.
unless you think QE is coming, the next leg is DOWN for the markets and DOWN for gold, not below $1000 but close.
interest rate hike has to come sooner or later and the dollar will only stay strong, lower oil for longer and stagnant gold prices.
gold yields nothing and is taxed as a collectible. maybe you are the moron.
I will just load up on VZ, CAT, T, CVX, XOM, PG, JNJ and few others that I will not tell you about and they yield 5-8% with o threat of div cuts.
market is going to test October 2014 lows, when, just a matter o time, almost every DOW component has bearish 50 day cross below 200 day. that means bear market is in 2nd inning.
CAT is telling the truth and things are very bad globally and the US economy is in an earnings recession.
