LET IT RUN... THIS TOO WILL END... JUST DON'T BET REAL MONEY ON IT...
THE GOLD BASH WILL BE A BIG BUYING OPPORTUNITY AFTER THE HOLIDAY...TILL THEN JUST IGNORE WALL STREET...
The index "has sunk to levels that are generally seen only during recessions or the period immediately preceding one," wrote Tim Quinlan, an economist for Wachovia.
Oh, REALLY...? PARTY ON DUDES...!
POSTSCRIPT:
HERE FROM THE UK...A RARE RATIONAL STATEMENT FROM A PUNDIT... NICE TO SEE FROM TIME TO TIME...BUT IT IS FROM THE UK NOT WALL STREET...
(Investors) seem to be coming round to the notion that the deterioration in the U.S. (economic) picture cannot be ignored on the pretext that commodities are a 'weak dollar play' or an 'inflation hedge', and thus immune from downward pressure," said Edward Meir, an analyst at MF Global UK Ltd., in a research note.
NICE...A LITTLE SANITY FROM TIME TO TIME...IS ALL I ASK FOR REALLY...
