Today''s Mkt action and Gold PriceFrankly, today's mkt action was IMO surreal, for lack of a better word.
The DOW goes up 400 pts and the SP's of financials go thru the roof and gold gets hammered (well relatively). I will be shocked if today's action has any legs. Nothing has changed the US economy sucks and the financial sector is sick, sick, sick ...
I will not be the least bit surprised if gold is back over $1000 withing 24 hours. And to see the DOW get hammered tomorrow. We live in bizarre times. Hold on to your ELD, that's one thing I am sure of ...