Saturday 19 November 2011

Worry...............from Rico

If you're not worried yet, you should start to worry.

Gold is a 'put' against the idiocy and incompetence of our politicians.

Sure, Gold fell by 2.5% yesterday, but it is still "up" 21% YTD.
- You cannot say that about anyone's fiat paper currency.

Of course, you cannot ignore the repeated pattern of odd, sharp, selloffs that always happen prior to COMEX expiry dates (unless you're a regulator like the CFTC, that is) which reek of "official intervention" in the markets.
- Ann's recent closure of her firm and the statement she made germane (I just sent it to many of you).


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