So they “threw a chair” in front of Golds price which was attacking them ferociously, in a savagely fierce, cruel, or violent manner, with $1,975 for one ounce of Gold making their monopoly money look bad. They had to do something, so they fudged the 500k jobs numbers instead of being bold and add a 3/4 to 1% rate hike.
Its looking like buy the dip time today or soon, for the people that missed the boat. AGI for Gold seems to be the best performer. For Silver I like going in n out with AGQ Silver long instead of a miner. Other than that the best performing sector is Oil and Nat Gas deliver and storage group.
Like TGS TRMD INSW ASC FRO TNP TK TNK There I gave you the answers to the test. 🙂
Lets face it. Even the bad guy bankers knew that if Gold broke $2,000/oz it probably would bolted out to $2,200. Its already about $150 to $200 more to buy an ounce retail. And supposedly the banks and gov’ts have been loading up. For insurance.