Price of gold tumbles......Well, the price of gold always tumbles preceding the Americans planning to print more money. It's $300 billion this time so I hear. This is getting too predictable for all. After that the circle continues, the speculators would dust off the U.S. recession worries and European sovereign debt concerns and the beat goes on. Gold will pop up once again until the next cycle.........
Anyway, SMF is down today but is thinly traded so no big deal. I just hope the SP momentum continues. This recent surge is great but it also perplexes me. I know it's not short covering - the volumes are too low. Usually the manipulators would have the SP surge crushed before it gains any momentum, but not this time. What kind of game they are playing now to let SMF's SP slip away from their control.
Well, may be I should just take this chance and get out before the SP rolls back (like so many times in the past). Decison, decision.....