US Dollar in Need of a Tourniquet
October 9, 2009 by goldguru · Leave a Comment
The Daily Reckoning OK, front and center this morning, gold has soared to another all-time high! When I turned on the screen this morning, gold was flashing a great big $1,055 figure… WOW! But wait! Gold – and silver for that matter – aren’t the only risk assets moving higher… All 16 of the countries [...]
Gold Soars to an All-Time High
October 8, 2009 by goldguru · Leave a Comment
The Daily Reckoning What a day for gold, yesterday! WOW! In case you were trapped in a cave and didn’t hear the news… Gold, which I said yesterday morning looked like it was going to take out its all-time high, did take out its all-time high, and not just take it out! Gold pushed past [...]
Are Risk Assets on the Verge of Melting Up?
September 7, 2009 by goldguru · Leave a Comment
Raymond Micaletti submits: After a 56% rally in the S&P 500 (from the March lows to the August highs) and similar rallies across global equity markets, wondering whether risk assets are about to melt up now might be precisely the kind of (recency bias) sentiment that defines market tops. And, admittedly, only a day or [...]
