Link:http://www.caseyresearch.com/gsd
Snippet:
"I don't have much of an idea as to how prices will perform today, or even for the rest of week. I would say that not much will happen between now and the FOMC meeting next week but, if I am wrong, the surprise should be to the upside."
Comment:
Less than five hours after Ed wrote this, gold is down another $12.00.
More proof that even the sanest analysts have no idea what is happening and resort to guessing, just to try and maintain their dignity.
As a side line, shares of AUM are now officially trading at less than ECU in 2000 (Less than $0.025 - and for those that need to be reminded ECU around 2006, once traded at the equivalent of over $72.00).
"We live in interesting times"
Good Luck to all!