Gold up $7.4, SPUZ up $2, Dollar slightly lower - rinse, repeat, rinse. So in the AM oil will attempt to shake off bearish API data tonight and cling to the higher everything trade....its just silly, silly, silly.
Shit I better go hedge my long gold with some long stock futures??
Boy oh boy has this administration created a monster - zero percent interest rates, dollar printing press etc, equity revulsion to equity adoration - gimee a break - Obama will be a one term wonder (I pray) and Bernanke - the man who killed the dollar - he'll have quite a speaking tour but he wont accept dollars as payment just gold bullion.
JB
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