|
This is in the form of a non-advice notice. Now, note that I am NOT offering any financial advice to any individual and am merely speculating on immediate future events relative to old man saddam being captured.
There is currently extensive speculation that the Gold Cabal (the FED, the ESF, and the bullion banksters) will use the capture to try to pop the DOW up a few hundred points while they try to take gold down below $400 an ounce.
This speculation has some real merit. The issue is whether TPTB will be able to accomplish it at all. There appears to be a growing trend in non-US parts of world that all hell is about to break loose in Iraq since old man saddam has been captured. Sort of now that he is out of the picture, the various factions will really start going at it to sieze power since they all see the hand writing on the wall that shows Bushie cutting and running before the election.....so....this would mean that gold will just shoot up on opening in EU tomorrow and not look back in spite of ESF/PPT actions in US markets.
It will be a battle of these two competing forces/memes/threads tomorrow. Should the ESF/PPT prevail, I would expect that they can keep the pressure downward on pm's no more than 2 days given their precarious positions in other places.
So what does it all mean?
Well, IF I WAS of a mind to purchase some gold/silver to safeguard my families' future, I would watch kitco or ino very closely tomorrow and go buy if I see the spot price of gold heading down.
A buy on the dips (should they appear) kind of thing...
NOT THAT I AM OFFERING ANY FINANCIAL advice to any fool with dollar denominated assets concerning the very real probabilities of dollar currency collapse in the near term. This is merely speculation that those persons who wish to purchase monetary protection (against dollar slide) MIGHT, just MIGHT find that a two day window might be opening....
thats all folks'. Just musing about the future actions of bushiesbuttbuddies-in-high-finance and their place in the grand scheme of things.
|