GDL, My recent post had a link for that last GDP report. Excluding inventories and only counting final sales it was 1.9% and below the 2% that says a recession is coming.
Most, I am assuming, still think the "recovery" is tenuous or faked.
They may think it's faked, but bull / bear ratios are very bullish, too bullish maybe? Let's not forget what the end of QE and the onslaught of Obamacare bring either. Maybe even throw in some Eurozone crisis to top it off.
Gold confirmed this move as real. The new low target is around 1,000.
I don't suppose you realize with the exception of the last two years PM correction that gold typically runs along with equities? I wouldn't use equities to call the next move.
"I may not agree with what you say, but I agree with your right to be wrong."
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