Tuesday, September 16, 2008
4:41AM PDST GOOD MORNING GOLD BUGS!
TODAY'S REPORTS: Retail chain index Consumer price index Core CPI Home builders' index FOMC 2:15PM EASTERN TIC REPORT TODAY AT 9:00AM PDST The TIC Report should be very interesting, but not as much as next month's which will have more date from the present and begin to show the decrease in Foreign Flow of Funds to us. Right now gold has just rallied 75% plus of the sell off leg last night. So many things are going on right now it is almost impossible to guess where gold is going to move in the short term. Many people thought gold should have moved up $100 yesterday, but look what happened. In the long run, we all know where it's going, so be prepared for that because once gold starts moving up it will be fast and in large increments and you don't want to be trying to buy in that environment. My best suggestion for you all is to read Elaine Meinel Supkis, who is posting an enormous amount of current info laced with bits of History and some of the Elite's philosphy to explain why this all is really happening. Bob Chapman is excellent at telling you how the various elements are interacting to show why the various markets are moving the way the are. DON'T MISS OUT ON THIS INFO BECAUSE YOU DON'T LIKE TO READ LONG ARTICLES! I CAN'T CONDENSE THIS INFO INTO A SHORT COMMENT. My short comment is: BUY GOLD NOW! Good luck today..we're all going to need it from now on.