Gold

8/19/2011

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I have attached this post before.  Gold has had a good run and is due for a correction.  Many of the hedge funds are heavily long and we are approaching an options expiration week, which is when the dealers usually play games.  If there was a time for the powers that be to knock gold, this is it.  This doesn't change the over all long term bullish stance on gold but these reactions can be hard and fast and very uncomfortabl.

http://armstrongeconomics.files.wordpress.com/2011/07/armstrongeconomics-is-paulson-next-panic-trade-070411.pdf



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