You've Got To Be Kidding Me

A discussion on gold, silver, and the markets.

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Location: Freehold, NJ, United States

Married with two children and one toy poodle which was not my first choice but I like her anyway. Been on the Street since 1989, mostly as a retail broker.

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Friday, February 22, 2008

Gold getting capped yet again....

After hitting an overnight high of $953, gold is now flat with the dollar falling apart and crude ripping.


I gave a lot of thought about Dan's blurb about GLD lending out gold, and the more I thought about it, the more I agreed. Where else, would the cartel get the ammo to keep shorting the market? Why hasn't GLD's tonnage risen along with the price? Inquring minds want to know NOW!

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