The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos.
Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Monday, September 21, 2009
Gold: Are You a Buyer or Seller?
Gold (GLD) closed today at $98.36. Way too many investors like gold at these levels to suit my investor taste. I am inclined to wait and see if the 50-day EMA at $94 will hold. Note: To enlarge the chart, double-click inside of it.
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