While we're waiting for Armageddon that is...
It appears that the Currency Gods are now angry. The Street shills are trying to sell down the gold stocks even as the metal soars. A temporary holding pattern to be sure.
Today's market action is a little too "fake" to even merit serious comment... Next week will start the second half of the year... The window dressing will be over. Then we'll see what people really think.
Also we have a whole weekend for the Gaza disaster to sink in. Gold was the star of the day up nearly $30. But the FED shills really worked on gold stocks which bearly moved!
Gold will be THE INVESTMENT of the second half... More later...