Friday, August 19, 2011

Gold Spiking Again

At $1,850 gold is up another 2.5% this morning. This looks like the speculation in oil we'd seen in 2008. Don't get suckered.

Markets are gonna' start off rough again today so I'll try to unload the RSWs at better than 44 since they didn't go yesterday. Hanging on to FAZ though. US banks don't look any better and FAZ may turn out to be a score.

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