Thanks for posting this GWR. I saw this in Midas and wanted to (just to keep up morale on the site), but I don't know what the policy is here for these snippits (maybe you have permission from Bill). I just can't see how the market falls apart here - there is just too much kindling for it not to catch on fire (long term that is). Short term we might see gold at $1740 min, but that would be about it by my guestimation. Even if we "drop" to $1700 - it's still $1700 freakin' bucks! - and it will go higher for sure. We may be rangebound in a holding pattern until after elections though.
Stocks are still trading at $1500 gold (or less) that is what kills me :( Stocks are below the valuations we had when gold first crossed this level last year. I hate that - I call it the golden hysterisis - the company valuation on the upside being different than the downside, then different again on the upside. I'm hoping for new highs so that my portfolio can be valued at the old gold price value from last year. Sucks.
To all who commented on my previous posts from earlier this weekend, thank you.
Good fortune to all!
Ben