Wednesday, February 18, 2009

GOLD WILL HIT $1000 TOMORROW....?

GOLD AT $1000 SEEMS A GIVEN...

BUT I WOULD EXPECT A LOT OF SELLING AT THAT LEVEL...IT'S LIKELY BAKED IN THE CAKE ....

GOLD IS STILL A GOOD INVESTMENT TO PROTECT AGAINST THE MONEY PRINTING THAT IS GOING ON...

BUT I WOULD EXPECT TO SEE A MOVE TO OIL AND OTHER HARD COMMODITIES...VERY SOON...

IF GOLD SELLS OFF AT $1000...I'D EXPECT A BIG UP MOVE IN OIL...AND INFLATION HAWKS ROTATE INTO OTHER HARD ASSET CLASSES...