Friday, June 22, 2012

Tough Week for Gold

A one day $50 drop in gold doesn't feel good. But keep a longer term outlook. The graph below is really all one needs to know about where the price of gold is headed:

Seems to be a pretty close correlation between US debt and the price of gold, no?

So ask yourself, "where is the US debt level going?"

And a bit of Friday humor:

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