Loading ...Interesting set up developing in gold as of 6:40 am—they are trying to administer the coup de grace to gold…that is to eliminate, for all time from investors minds, the last vestiges of the idea of gold as a safe haven…”they” have gold down $31…for the past few days gold has held up well anove the $1600 level…A couple things…silver is unchanged and most gold stocks/etfs have only small losses in pre-mkt trade…the $ is up .544 and bears watching but need not be fatal….NUGT is down 2 cents & JNUG is lifting off its lows…I’ll prolly be buying the gold dip at some point…also it looks like it might be roll over day for the stock mkt which possibly could effect the dollar…that possibly could redound in golds favor
.A few early morning pensees as I try to make a silk purse out of a sows’ ear
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