(please note I am showing GLD ETF rather than gold itself, since the commodity chart is not real time)
What I love seeing the past few weeks are things like oil rising and airlines rising right along with it - even as their top variable cost crunches potential profitability. No problemo - these banks need to stuff their 0-0.25% money somewhere since the real economy doesn't need much of it. Buy it all, Monday awaits... 52 week highs in airlines as oil goes to $190 surely is a sensible event awaiting January 2011.
Everyone into Bernanke's Ark... the floods are here. Can't wait to hear his Congressional testimony in 2019 on how none of the misallocations of capital were his fault...
Long DB Gold Double Long ETF in fund, no personal position
