Aspengold – Yes, I remember your post about the USD, gold and Armstrong. Your post was the one I was referring to earlier. The USD and gold going up together would be a goldbug’s dream.
samb – yeah, I can’t figure this out. After yesterday I’d have thought we were sure to see $1280 today. Could just be the escalation in geopolitical tensions, but the shares responded as well. If players thought geopolitical stuff was temporary, should shares have been this strong? Bonds rallied hard, the USD rallied. I dunno, but it seems to me that maybe the SM is headed for trouble. We’ll have to see how pm’s respond to a real SM correction 10%+ that we haven’t seen in nearly 3 years.