Monday, October 20, 2008

4:40AM PDST GOOD MORNING GOLD BUGS!

TODAY'S REPORT: Leading indicators The usual pattern, gold up overnight, now selling off as it enters NY. Dollar is up, Euro is selling off, Bonds in the 112s, Dow Index rallying after and overnight sell off, Oil moving down to the 73s from high of 74.50 Nobody seems to have much of a clue yet of both how we got in the mess as they all point to symptoms of the cause rather than the cause: Monetary inflation, and the creation of worthless derivatives made possible by the easy credit provided by Alan Greenspan, which is simply another form of monetary inflation. Please notice that you can now post your comments to any of my posts on this blog as well as continue to post comments at TALKBACKTOGOLDTRADER.BLOGSPOT.COM I have also allowed FIVE DAYS of previous posts to be available on the Main Page so you can more easily scroll to the most recent postings. This should make the articles posted more accessible and less hassle to find.

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