Tuesday, October 21, 2008
5:04AM PDST GOOD MORNING GOLD BUGS!
TODAY'S REPORT:
Retail chain index
No good news for present holders of PAPER GOLD this morning as gold is getting hit hard again, and the Dollar has moved up as high as .8400 plus a bit.
Other markets haven't moved as drastically. Oil, Bonds, Dow all trading similar to yesterday.
I can't think of anything that would have moved these two markets as drastically as this except for massive INTERVENTION by Central Banks, and the PPT.
If you have any brains or common sense left, you certainly know that this is only a TEMPORARY condition caused solely by Guv'mint Intervention that can interrupt the
NORMAL course of ECONOMIC FUNDAMENTALS.
There is an enormous amount of fiat money in the pipeline that is backing up behind
this very weak dam of sticks and twigs that the "powers" have erected to delay the
FLOOD from washing over us all in the near future.
Time to get out from in front of that dam and run to higher ground with GOLD which you can purchase (at a premium, because not everyone is stupid!) if you can find some.
Keep the larger perspective in view to keep your sanity and just keep re-inforcing
your own little castle with supplies and weapons as you will soon need them.
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