wow, that one was a keeper destined for a post on the office wall where did you find that?
all the elements are now in place dismal low shorterm trez yields European Central Bank has put its head firmly up its ass end of cover run motored by bond rebalancing elections over, GOP will offer fiscal stimulus the dollar has broken somewhat, more to come path is clear to war JPMorgo getting attacked by lilliputians of rumor Brazil has new president-elect favoring default gold has had at least three months to consolidate
what I find amazing and pathetic is the wide view held by many amateur observers that war is good for kickstarting the economy I could not come with a single better reason why the economy would simply cave in
crude oil is off $5/bbl in one month it now sits at a critical moving average (of support?)
the yield spreads have NOT reduced much at all not enough to take pressure off the derivative explosives
probably another minor ambush on the gold longs will take that as opp to buy more shares / jim
p.s. been real busy in the last few days visitor from out of town, old friend from Boston and prepping an article for publication on a main gold website look out! the jackass is coming out!
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