Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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“We got a time bomb; we got a red alert; tick, tick, tick.” - Beck
The EU looks set for another big intervention to both arrange lending for the insolvent, and to throw a curve ball at the speculators, who have set themselves up as severely offside. French President Sarkozy laid down the gauntlet. “We will...
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Although the economy is slowly healing towards the natural, the Fed apparently has little patience for that, and instead has thrown down the gauntlet for some extremely irresponsible helicopter drops. Is this a bluff, or a contingency? It is best not to wait and see I fear, as it may then be too late.
Everybody is a Keynesian now. The stimulus seems to run the gauntlet. First the outgoing Bush administration is raiding the Treasury fast and furious to subsidize and pad various financial institutions and Pig Men. The tenor of the deals is not at all taxpayer friendly, and the details and amounts can be tracked here....
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