Wednesday, April 6, 2011

Chart of the day is...., monthly.

If you look very very closely, you may be able to spot a trend.

And on the subject of gold, I invite all readers to check out this link, sent in this morning by kind reader 'KP'. In the annals of gold analysis stupidity, the article you'll read by one Conrad deAenlle entitled "Why Quantitative Easing Is Bullish for the Dollar and Bearish for Gold" has to be up there in the top ten of utter dumbassery of the highest water. It's a sobering thought that not only are market commentators this moronically stupid, but their mediameisters actually let piffle like this through their editing procedure and allow it into the interwebnetpipes. Another reminder that this gold bull run has a long way to go.