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I say things on Twitter

10/6/08

Goldbugs getting their wish

Note the three month T-Bill yield is down to 0.23%. This is a rush for the door as pointed out previously. This means gold is going to get a further dose of popular as the day continues.


GLD is great place to be right now. I still have that SLV, but I'm adding a bit of GLD to the mix. The dollar has moved up further than I thought it would. Just further to fall, I fear (and there won't be any joy round here when it does).

DYODD, dude.


UPDATE:
BOT GLD just under $86. Short term trade position.



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