Thinking Rosenberg has the dots connected on the sort of world economic conditions, even here in the U.S. Here in Idaho I’m seeing falling gas prices – now below $3 – which is highly unusual for us this time of year. We always see the prices at the pump jacked up during the summer tourist season when everyone wants to go to Yellowstone and the Tetons and other places, including places for rafting and fishing.
This year we saw the usual hike at the beginning of summer but prices have fallen ever since from $3.50 to $2.90
Think your other article from Orsley is more spot on about the gov’t debt situation. Just sayin’
Hoping we see a revival of the gold bull next week after the consolidation of the last couple of weeks.