muses of the moment

April 5, 2011

Update gold and silver

Filed under: Gold and Silver Investing, Precious metals — totallygroovygirlfriday @ 4:58 pm

Both gold and silver making new highs today.

For the gold breakout, click here for Dan’s chart via Jim Sinclair’s website.

Steve with Global Perspectives

Filed under: DOW and S&P500, Economic Crisis, Tangible Assets, The Federal Reserve — totallygroovygirlfriday @ 1:41 am

Update from Steve Meyers from over at Global Perspectives. Click here. Great video.

Steve says a reversal of trends due to the Fed taking a short time out on QE. This is short term. The long term is the same. A flock of black swans. The dollar is in real trouble. The whole system is so fraudulent.

Update: groovygirl wanted to share her thoughts on a short term market correction. Many people are talking about the possibility in the very near future. Although it is possible to have a short-term correction in all and any markets (the triggers are too numerous to list here), gg is unsure if that will actually happen. Whether a correction occurs are not, Ben et al will continue to print money globally whether publicly announcing it or not. If a correction occurs for whatever reason, it just means he will print more, quicker, than expected.

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