Wednesday, May 24, 2006

ASIAN STOCK DROP ON BIRD FLU...AND BANKING FEARS

It's nice to know that reality still means something...somewhere in the world...

This major surgery on the dollar...by means of a monster gold sell off...is just too strange to be believeable.

Somehow, today's wild gold action all seems "necessary" ---but will it be sufficient to actually change anything...? I doubt it...not in the long run.

We didn't get into this "fix" overnight... And a big one day plunge in gold won't change that...