gbdc

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:


No comments:

Post a Comment