RE: RE: Todays action.Swisstime:
Finally someone who sees the European thing the way I have. But let me say that if the market really wants to get worried it should be reflecting the value of the US dollar. Personally, I think it is going down the drain and that is exactly what the US government wants, so they can extinguish their incredible debts with worthless money and then reset. This is the real reason the gold and precious metals are appreciating and why many pundits are predicting 1500, to 3500 to 5K and even higher for the price of gold in the coming year or two. It is also another indication of how incredibly ignorant the market is, and it should be, afterall it is simply a reflection of investor sentiment. We all know that the vast majority of investors are like first time starters in a horse race i.e. nervous nellies.