Baseball, Hot Dogs, Apple Pie and Chevrolet
posted on
Jun 01, 2009 12:30PM
I guess it was too much of a stretch to think that gold would be allowed to move up on a day when one of the four staples of Americana just bit the dust. So much of the GM bankruptcy was planned weeks in advance and I'm sure the hitting of gold and the propping up of the equity markets was on that list. What's a few billion dollars now a days to prod the markets higher? Even though mostly all other commodities and oil were up while the USD and bonds sank, no amount of positive gold fundamentals could possibly derail this act of patriotism on the part of the Cartel. Living stateside, it is truly a sad day for America.
stateside