Tuesday, August 14, 2007
Markets Continue Down
Gold/XAU Ratio 4.83 Remember if this ratio goes to 5.00 be ready for a buy signal.
Will the FED inject more funds into the banking system? If so look for gold and gold stocks to plunge even more. I continue to enjoy the safety of T-bills. Labor day I go back to Horseshoe Bay Texas for a long weekend--that is my pot of gold at the end of 2 weekends on call in a row.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment