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Gold has taken off on light overseas trading during the New Year holiday, and the rally is continuing today. It has finally cleared it’s all-time high, at 859 as I write this. I don’t see any signs of this train slowing down.
Shed about 3K this week, mostly because of coffee. Damn rain in Brazil is killing me. Anyway a few new entries and old friends revisited: * The gold contracts were added when Bernanke dropped his pants. Gold broke the important $800 mark and is showing no signs of slowing down. Still a decent entry point […]
Well, just bought my gold contracts back again. It’s open season on the dollar – everyone take your shots! For those just tuning in – the Fed cut rates another 0.25. Inflation, here we come!
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