Wednesday, October 8, 2008

GOLD: THE GREAT UNMENTIONABLE.

GOLD HAS BEEN HOLDING UP VERY VERY WELL...EVEN GOING NICELY HIGHER AS THE MARKETS HAVE CRASHED...

THIS DESPITE MUCH TOUTED "COMMODITIES DEFLATION" IN THE MSM...

AND RECORD LOW YIELDS ON BONDS...

CLEARLY GOLD IS TELLING US SOMETHING WE DON'T WANT TO HEAR..

HENCE GOLD HAS BECOME THE GREAT UNMENTIONABLE IN THE FINANCIAL MEDIA...

ONLY PASSING REFERENCE TO GOLD IS MADE IN ON TOUT TV...AND IN PRINT.

WE SEEM TO BE WHISTLING PASSED THE CURRENCY GRAVEYARD HERE...

I ESPECIALLY LIKE THE PREDICTIONS OF THE "DEMISE OF THE EURO!".... WHAT BULLSHIT... THE EURO IS AT 138...ONLY SLIGHTLY OFF THE 140 LEVEL WHICH MANY THOUGHT WAS IMPOSSIBLE A YEAR AGO!!

CLEARLY THE TRUE STATE OF THE DOLLAR IS BEING IGNORED OR HIDDEN FROM PUBLIC VIEW...AND COMMENTARY AT THIS POINT...

BUT THE CHARTS ARE THERE FOR ALL TO SEE... YOUR WORLDVIEW WILL CHANGE DRAMATICALLY IF YOU ONLY LOOK AT THE DOLLAR, EURO, GOLD AND OIL....

THE RUN DOWN IN OIL SEEMS TO BE AN ANOMALY .... AND AS WE KNOW ANOMALIES HAVE A NASTY HABIT OF CORRECTING FAST...

IF THE "STORY" SUDDENLY SHIFTS FROM STOCKS AND SPECULATION ....TO OIL, GOLD AND THE REAL STATE OF THE DOLLAR...?

THE NARRATIVE WILL BECOME VERY DIFFERENT... AND THAT IS COMING....