Wednesday, July 7, 2010

OVER-SOLD SHORT COVERING RALLY ON LOW VOLUME CHEERS WALL STREET...

OK...?

ACTUALLY THE DECLINE IN GOLD IS MORE INTERESTING....

WHAT IF...? WHAT IF...GOVERNMENTS REALLY DO CUT SPENDING...?

EVEN THE RUMOR OF SPENDING CUTS AND TAX HIKES COULD DRIVE DOWN GOLD...

OF COURSE IT WOULD LIKELY CRASH THE ECONOMY AND STOCKS...BUT THAT'S NEXT WEEKS STORY...

MORE LIKELY THE RECENT GOLD DIP IS A GOOD ENTRY POINT FOR THE NEXT RALLY...

BECAUSE IT 'S HIGHLY UNLIKELY THAT THE WORLD IS GOING TO GO OFF THE "PAPER STANDARD" ANYTIME SOON...