Wednesday, May 24, 2006

RISKY ASSET SELLOFF...

THIS STORY says that "risky assets" are selling off...

As a result investors are buying--US BONDS!

But what is riskier...US BONDS...OR GOLD?

Right now...bonds look pretty risky...with higer rates inevitable.,,and $70 oil and a housing bubble still looming

But then perhaps that explains the big gold sell off by the market masters...who are known to be "shills for the FED" occasionally...