Hello PB, I will be getting on the plane in a few moments.
<<spiking on gold price>> :0) I think you know very well why.
For helping out Maurice, I am guessing: (a) Bernanke (b) Folks who want war for any reason (c) Realization of fact that we do not know how much the war and aftermath will cost, for how long, to what end (d) Balance sheets blowing up everywhere, at central, regional, local, corporate and personal levels (e) Realization that electorates will be trying to vote themselves money, just as Russians once tried, and failed (f) Simultaneous equation of supplies and demands for all currencies and the one true money, the money that rules all monies, vectoring in on the one honest solution that fits all solutions
At the end of the trading day, gold is merely reflecting the market's view of the future.
Chugs, Jay |