Nothing looks to have changed.
The more I read the news, crunch the numbers, and chew on the spin from DC (both sides) the more I have come to the conclusion that the course of the economy has not changed. Unless it’s something like, “More of the same, only faster and bigger.”
So it seems to me that the idea of the dollar being doomed and gold continuing it’s bull market rise are entirely likely.
Right now the gold tracking widget on my desktop says that the yellow metal is $1,517.20. Silver is a respectable $38.58.
I’ve a host of links for you to consider. Let’s start with:
The Grandich Letter: Update 6:00AM EST
Class of 2011, Most Indebted Ever – How’s that for an accomplishment?
A must read: When a Gold Necklace Isn’t Jewelry
Financial Bubble: It’s Déjà Vu All Over Again – Another good read.
Mexico “Buying Gold to Escape Dollar” – Gee, now why would they want to go and do that?
Until next time. Be safe. Be smart. Do your research.