Hi ACF Mike, I will excuse myself for a few days on this thread. Must travel to odd places starting tomorrow.
<<... someone identifies the gunman on the grassy knoll. (Hint: Oswald did it, all by himself)>>
Maybe, perhaps, and possibly, in the case of Oswald. In the case of gold over the last few days, during a period of financial stress, end-of-half year account closing, mark to market, etc, we coincidentally have all of the following ...
futuresource.com
money.telegraph.co.uk
library.northernlight.com
sg.biz.yahoo.com
(BTW, HK market is closed today for holidays, and so Asian market could not have been lighter)
... to be followed by instant logic (add water and mix) such as this ...
quote.bloomberg.com
No Mike, I will be going long gold tonight, by and by, as in selling NEM puts, because I have faith that gravity and free market will win against magic and intervention. The win may take as long as 12 years, ala Japan, but then again, may not, given the balance sheet of world ex-Japan.
Chugs, Jay |
