Gold got whacked today for no apparent reason, other than oil taking a dip, but in the after hours trading it is still getting beaten down.
Fall and gold buying season is almost here, and now that gold is down to 894, it’s time to take advantage of the dip. I’m short on cash, otherwise, I would be loading up at these levels.
The Freddie/Fannie bailout is going to turn out to be one of the worst things the government has ever done- and will result in massive inflation if not hyperinflation. This temporary “good market” will not last very long, and if you think gold is high at these levels, you aint seen nothin yet!