Monthly Digger - February 2010

[Gold Majestic]

GM speaking of Prechter I knew he hasn't done very well the past couple of decades but I didn't know it was this bad. Absolutely atrocious.

 

http://www.erictyson.com/articles/20090616

 

Well let's give the Prechter Army the benefit of the doubt. Surely after decades of practice they've learned something?

 

oops . . . in '09, apparently not.

 

With that said, a broken clock wrong 99.9% of the time is correct twice in the day.

[Charmin]

I did start a new March thread if you prefer to switch over their this weekend.

Hey, we're done looking back to September.

[Gold Majestic]

Where there's smoke there's fire?

 

I'm sure everyone has seen the China rumors of buying the remaining IMF Golds for sale being debunked. But all in all, I don’t think it really matters as much as investors may think, because more importantly, Gold is probably signaling that the US Peso is about to roll back over, again.

 

And on the topic of rumors, there's also the one published yesterday about India buying the remaining allotment.

 

India-IMF deal to stabilise gold

Reuters Published Thursday, February 25, 2010

 

"Gold prices are expected to stabilise with the imminent purchase of gold by India from the International Monetary Fund (IMF)."

 

http://www.business24-7.ae/companies-markets/commodities/india-imf-deal-to-stabilise-gold-2010-02-25-1.37258

[Gold Majestic]

I did start a new March thread if you prefer to switch over their this weekend.

Hey, we're done looking back to September.

 

Hey, we're done looking back to September.

 

ugh. . . I'm not done lookin back to 1972.

[Charmin]

Hey, we're done looking back to September.

 

ugh. . . I'm not done lookin back to 1972.

 

If I had as much accumulated smarts as you since then, I should be a millionaire like yourself