Gold hit a record high of $875 (and change) on overnight trading.
But the main point of this thread is to alert investors that Strategy Update's "thumb in the air" (to see which way the wind is blowing) indicates that in February, derivatives will drive the market down to a REAL bottom, worse than the one we just this past week. And then all hell will break loose. And perhaps the banks already see this coming because it appears as though they are stocking up on oil stocks. Which means investment bankers must seem to think that stocks will be going down and oil will be going up.
zumatimes.com
disclosure: AUY
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