Curiously, on Friday, Gold stocks were up big time...even while
Gold Bullion was down...
The sell off in gold stocks seems to have been overdone. And the only thing "depressing" gold is the notion that the FED is going to keep on raising rates...undefinitely!
Right now the FED as a tiger by the ears...and it's the dollar in one hand and the trade deficit in the other.
THE FED DARE NOT STOP RASING RATES NOW! NOT WITH THESE DEFICITS, THE WAR, AND THE XENOPHOBIC PORTS/INVESTMENT DEBACLES NOW BREWING IN KONGRESS...
