Can someone PLEASE explain this stupid market?
Sure stupid people buy stupid stocks with little or no NET earnings, and expect such stocks to climb. {And yes I do mean Gold stocks...}
US$ is not lower, it's the preception that the Dollar is lower that leads you into false security that gold must climb. Except the US Dollar doesn't dictate the price of gold, the US economics do, and foreign currencies that trade against the US$.
African Striking, lol... = 150K new job openings...
Lease Rates... Tide more to imaginary Hog Futures then POG. {maybe it's PIG and not POG}
Strong BoE Sale... irrelevant. How much of that was offset by speculators hoping to push the price up. BoE is always a none issue, except for the first sale.
Gold lower today.... So what. You're dreams are that tomorrow it'll be higher, and higher. Until every drop is just manipulation. Well, the DOW is being manipulated Higher as I write... Come on Richard, SELL. When are you ever going to toss away those looser gold stocks, and join the people in the light?
Hutch
Got Guts: Yes, made of Iron, not gold
Got Guns: Nickle plated scoped semi-auto
Got Gold: Sure the Golden Calf of Moses that was forced feed to the people. |
