"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, December 4, 2009

Not a Green Day

Nope, shorts are red... gold stocks red, not a green day. Momma told me there would be days like this. Now the trick is to keep thoughts about evil conspirators at bay as the pig floats higher, gold is hammered and all is well in the illusion that is Hope '09.

The USD is finally the beneficiary of good economic news and is in POSITIVE correlation with the stock market. Let's see how long this lasts.