May 09, 2006

The Gold at $700 headline effect.


A 25-year high. It is something to behold this panic and melt-up in gold.

I am bummed that I am missing this leg and I know that someone big is getting just creamed in this trade.

We will hear about it soon I am sure.

The financial news on and off line is babbling about this now. The next 48 hours will be interesting.

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