Nope, no news, and that is excellent news ... psychology, uncertainty, fear, greed ... the possibilities boggle the mind and entice the wallet.
<<I bought more physical gold Saturday morning from the bank, just for the feel of it. I got a little waist bag bought near the bank filled with a few barrels of the stuff. The heaviness of the bag swung on my shoulder felt good … making me think that I can go to any island and make a fresh start. I am a romantic at heart, and so ghoulish.
The bank did not try to sell me any of their mutual fund products, and the metal desk staff was all non-questioning smiles. The manager first offered me a quantity discount and then had to retract it and stay with the original quote, because the price was going up even as we were talking. Dynamic pricing is dynamic.>>
Message 15825704
My spot buying of physical is pleasurable, harmless (certainly not fatal), and makes no rational sense what so ever (first one to admit it). My metals stocks provide a respite of green indicators on the MS Money program, allowing rational and clear headed decision-ing on other portfolio moves.
The week should be interesting in pricing action, and maybe even on the news front. The imagination is roaming.
Chugs, Jay |
