Friday, June 17, 2016

Gold Tops $1300

Well, the other thing that went a different direction that I would have guessed was gold.
It popped after the Fed non-decision and has now spiked over $1300 in the aftermarket.

We’ll see if this holds, but an awful lot of big money types are coming around the idea of gold as protection is a central banker crazy world.
Gundlach above is one of them, and he’s recommending both gold and miners.
Or, as Grant Williams might say, the west is finally beginning to care.
Christ

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