I’m in Albuquerque today as Gold continues its return from the crash, cracking the 1,400 level. I’m sticking with the GLD still since I’m not worried about the next two weeks of paper gold assets. Longer term, I still caution, and always will caution, against holding any commodity through an ETF or any other wall street bank paper asset.
Markets continue to climb also. This won’t end well with tax payer funds buying stocks: Central Banks Load Up on Equities. The bubble is here and getting bigger.
I’ll be back in a bit with more.