It has been subtle, but for the last two trading days, gold has been acting a little different. Sydney and Hongkong seem to not be playing along with the "bash gold support the dollar theme".
Maybe something is about to change with gold moving up, but I will be surprised because I thought we would see continued management by the plunge protection team to keep gold down and the dollar up until at least after the election.
Maybe this is the gold "shoulder", like a reverse version of the oil one, where they let it get a little off track before reeling it back in.
With oil, I think there may be an overdone shorting of oils, so I am starting to rebuy a little here looking for the covering to start. It may be too soon.
So, tossed in a little GG, NTO, KRY as well as DPTR, WHIT, and TOPT to make the salad interesting..
Just watched Capote's "In cold blood". I never saw it when it came out. Not bad. I guess I didn't really know much about Truman.
Sober |
