We need to break out of this oil trade or we are screwed until after the election with gold. It is showing absolutely no currency of choice characteristics that it should be showing with the banking system the way it is.
People are still running to treasuries. Until we change this, gold is going to do nothing.
It really pisses me off, but I am not going to fight the market.
The gold market is still very fragile IMO and we are in for a long tense ride IMO.
PUT's until the election are probably not a bad call on any rally.
Me too. I'm heading out to grab a bite to eat...there's only so much warm weather left here on the east coast, so I gotta check out the bare legs before the pants and sweaters come out.
Shorted GBN @ 2.63
ReplyDeleteJohn, you see the FGOC news???? About time. We'll see what it does. Markets seem VERY thin this week.
ReplyDeleteI did Joe...hard to say what anything means anymore.
ReplyDeleteI have some FGOC. Just been watching it go down. :(
All,
ReplyDeleteWe need to break out of this oil trade or we are screwed until after the election with gold. It is showing absolutely no currency of choice characteristics that it should be showing with the banking system the way it is.
People are still running to treasuries. Until we change this, gold is going to do nothing.
It really pisses me off, but I am not going to fight the market.
The gold market is still very fragile IMO and we are in for a long tense ride IMO.
PUT's until the election are probably not a bad call on any rally.
I hope I am wrong...
Hopefully Gustav can scare the market higher????
ReplyDeleteI'm out for a bit guys
GLTA
Joe
Bought back my GBN @ 2.55
ReplyDeleteSomeone else saw what I was talking about a week or so ago.
ReplyDeletehttp://www.schaeffersresearch.com
/commentary/content/option+
activity+alert+is+yamana+gold+inc
+a+hot+commodity/observations
.aspx?ID=87207
This comment has been removed by the author.
ReplyDeleteBoring boring boring
ReplyDeleteMarkets are flat and I'm tired - going to take a stroll and look at some miniskirts
Fish.
ReplyDeleteMe too. I'm heading out to grab a bite to eat...there's only so much warm weather left here on the east coast, so I gotta check out the bare legs before the pants and sweaters come out.
You won't have that problem in Cali!!! :)
I live in Cali...it is a bit cooler here though...
ReplyDelete