If you are in metals, you knew that things were just getting going. The massive coruption that has filtered through this world is showing true colors. I brought this over from The DECOY 409 Post as it deserves a good look all on it's own. Late to the party? Actually I was quite early. But a heads up play would be to figure out what becomes of the Debt Ridden Fiat Note. All that revolving paper much in so called PROFIT fueling day in and day out the Mirage. Oh yeah, things are going to get real interesting.
Here is the NEW BOARD for 'Yippee! To The Moon Alice!'
Now if you are not a 'laxed' person than you will find the Author and Article that starts this post off to be refreshing and GREAT NEWS! Well all except for the part of FIAT DEBT NOTE PROFIT on High Speed Spin Cycle.
Post by midwesterner (banned) on Jan 17, 2011 12:48:44 GMT -5
Imagine what the people at the CFTC, JP Morgan and SEC are going to say when this explodes. I bet they are losing sleep over this, cause the insiders know what's going on. I can see it now, the jaws dropping once this puppy really takes off and the bs explanations as to why it's going up, up, up and away!
Quote: The popular gold exchange-traded fund, SPDR Gold Shares(GLD_), shed almost 3 tons on Tuesday as light profit-taking continued while iShares Gold Trust(IAU_) has not adjusted its tonnage since Dec. 23. Scott Redler, chief strategic officer for T3Live.com, says that gold has lost its identity a bit and it's no longer a fear trade. "I think gold could regain this identity as we go into the second quarter" as debt issues in U.S. states and controversy on raising the debt ceiling put money issues in the foreground. "Long term, as long as the Fed continues to pump money into the system [and] there are problems in the eurozone," argues Phil Streible, senior market strategist at Lind-Waldock, "I think gold will continue to catch a bid."
Decoy says, Hard to adjust what is not there!
meanwhile the FIAT RIDDEN U.S. DEBT NOTE declines today as the EURO is given a tad of breathing room. Your siamese twin that is.