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Notes to myself, possibly of interest to others.
-- Bill Northlich

Tuesday, November 16, 2010

Gold counter-indicator

Jim Cramer touts gold on 11/11.  Contrary indicator if ever there is/was/will be one.  I still like gold, but I gotta re-think for a while.  Rosenberg thinks there will be / is happening now a pull-back.  I agree, despite Jim Grant saying we should go back on to the gold standard, and the usual suspects predicting gold at $8000.  Beware.

[Warning:  Clicking on that last link will, as usual with usual suspects, take you to the desired site, but also produce some un-wanted pop-ups touting - well, I didn't bother...]

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