Loading ...Gold was pounded last nite and has recovered all…silver is up 4 cents–jnug and. nugt aren’t up much…but it’s. early. still….that said, I’m happy to see gold is. up and. resilient…and I see no problem with this. happening before the FED spiel…that the Cartel can’t drop gold before the announcement seems quite bullish…to think otherwise would. require me to concoct a rather clever conspiracy scenario….but maybe…one can never be sure with gold.
I also think it is very interesting and bullish that gold is showing this strength when stock mkt. futures look like they may have a rare down day for all indexes.Euro stocks are in the red too…the DAX is. down 272…could it be DB again??
My pom-poms are ready…as the day progresses, if gold looks like it’s gonna really log a big up day, then I will waive them and strut about…