Wednesday, November 11, 2009

Same old story

Folks keep on watch the meaningless DOW and mean while the real story is staring them in the eye. Gold fresh new highs and the US dollar at a 15 month low. The low prolonged interest rates is essentially weakening the currency as it is look upon the deep pockets as a sign of weakness that the FED is not willing to raise interest rates.
Gold is up almost 30% year to date and that's nothing to sneeze about and is outperforming the market over the last 5 years at a rate of more than 10 times.

We will see what happens but I am sure this house of cards will fall. I have a family emergency and I am just popping in.

Stay light like the volume :)

MARKETJEDI

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