Well, following the up tick in gold on last Friday, gold is tracking down today but not by much. It’s about $7 dollars off the close.
I have to say that the most interesting thing going on right now is the uprising in in the Arab nations. Egypt in particular. To be sure this area is always a hotbed but the dynamic this time is different I believe because those uprising are educated and literate. I pray that true freedom comes out of it but there are so many variables and powers, seen and unseen, that are in play that the outcome is unknownable.
Does this affect gold and silver? Absolutely. It affects economies and debts. Things already out of kilter. Keep your eye on gold. If you are in debt, GET OUT!
Okay. All that said here are some things I think worth reading, listening too, and viewing today.
Weekly Metals Wrap from KingWorldNews with Bill Haynes and Dan Norcini. – Listen. Good stuff.
Speaking of Egypt, check out Lori Ann Larocco’s interview ‘Mid-East Middleman’ on The Egypt Crisis and What It Means for Business
More on this topic and a must read (ht to Ed Steer): Brzezinski’s Feared “Global Awakening” Has Arrived
Without broadband, the Internet in Egypt – This really troubles me, I don’t know about you.
Speaking of Ed Steer’s Daily, he has a great list of items and insights too: Money’s Not Worth The Paper It’s Printed On
Yet another new China gold production record in 2010 – Are you surprised? I’m not.
Who is Draining GLD? – Well worth the read.
KingWorldNews interview with Michael Pento is worth listening to also.