I am in a foul mood......

Having computer issues, kids have been acting up all weekend, and I can't make it too Green Bay next weekend to watch what should be a great game between the Pack and the Giants. I am a diehard Eagles fan, but have really liked the Packers after I ventured to Green Bay to watch an Eagles game. The people are the salt of the Earth and every true football fan should go to Lambeau at least once. It is the mecca of pro football. I can't say enough good things about Green Bay. In fact I still wear a very nice leather Packers jacket I bot at Lambeau and it still looks brand new.

Anyway as for gold, it's a couple of bucks; spot is around $898, and if my computer was working a little better, I would be able to tell you where Feb gold is trading, but it's not, so I can't. But, if I had to guess, I would say it's close if not over $900.

Given my mood, and looking the way gold is trading, I still think there is a brick wall at $900 and would expect a retreat. The shorts are not going to give up the ghost that easy. But as I have been saying, if gold breaks $902, I am buying gold stocks in quantity. Big if, though.

The stock futures look higher. But, like gold, they have been higher overnight only to fade as NY opens. Gold has been higher but fades into the European open and then gets smacked down as NY opens. In other words, business as usual. But this could change in a nano-second as the Fed could cut rates any second now.

Let me go sit in a corner and brood for a while. Maybe I will be back later with an update, depending if I am in a better mood or not.