I’m back from vacation and the metals are roaring.
Howdy all. Well let me just say that I had a fabulous vacation out West. And what’s a vacation without sharing a pic:
Okay. I know you didn’t come here for pics, so let me just say, the metals have been rocking. I was watching on my smart phone while gone. And I was happy.
The ride continues today as I track on the desktop with ExactPrice. Right now gold is at $1,473.90 and silver is about to pound on $42 at $41.89. As I commented in the twitter feed, Werewolf hunting is going to get expensive.
Jobs data came out today and it weren’t all that grand.
In fact I am starting to feel like the jobs numbers are the mathematical equivalent to a bi-polar skunk. Here’s the news and blog items that I came across today which relate to gold and silver. Well, at least in my mind. I’ll leave the dot connecting to you as I may need glasses 😉
On King World News: Jim Grant – US Will Resolve Debt by Returning to Gold Standard
Of course there this throws that into question: Where Is America’s Gold?: The Mystery of Ft. Knox
Found this via the must follow Peter Grandich: Presenting John Paulson’s Complete Les Echos Interview In Which He Is Bearish On Housing, Bullish On Gold
As well as this: Central banks turn net gold buyers, cut euro zone debt: survey but then this is no surprise if you’ve been tracking with me for a while. It’s just interesting to see it on Reuters.
CNBC continues to surprise: Inflation Actually Near 10% Using Older Measure
Streets Are Paved With Gold – the headline does an injustice or at least tries to negate the article info. If the streets were so paved it wouldn’t be closing in on $1,500.
To me the most important piece of the day: BRICS demand global monetary shake-up, greater influence
I liked what Jim Sinclair had to say here: In The News Today
Perhaps the second most important bit: Housing market in the U.S. still declining
From Expected Returns: A False Recovery Ahead?
Catch you later!