There is more to this story then i want to go into so i will try to keep it short. Several years ago i believe banks started to sort gold and lend money they really did not have. Things where going far to go and all in their way. Somebody was not watching the store and way to much money went out. Loans start to falter faster then they could cover up. Dollar got weaker, more bad loans, gold rising, big trouble. Its not over but big ben will lower interest rates, print money for the banks. Big banks buy up small banks, or lenders with the cheap money, loans get written off. ( BOA BUYS COUNTRY WIDE ). All is well.
What about gold. Dam cover the shorts and we now have gold at almost $ 1000. My question is can it hold? Maybe, maybe not but its not going back to $600 and we as kry stock holders should do well
That's my story and i may just stick to it.
BOSS KENT