STOCKS gained today, but all at once in the morning. After that they stayed flat, & the Dow closed below its 2 hour moving average. Mmmm . . . Volatility. I noticed today the S&P500 at 1,523 when a few days ago it was below 1,500. Think of somebody shaky, walking on a cane. That's the way the stock market feels, rushing first this way, then that. Oh. 'Twill be painful when it falls. Best thing to do would be to swap stocks for silver and gold.
The US DOLLAR INDEX held onto its above-83 gains to close today at 83.102. If it can fight through 83.50- 83.75, it will scare the shorts silly and run away for a romp -- yet only a romp, the same sort of romp a freshly dead toad makes when you hook him up to a 12 volt car battery. It might cause silver & gold a problem for a few months, perhaps half a year, but there's no fundamental change lurking there.
The Fed & the US Government are destroying the US dollar. That can't change, so stick with silver & gold.
Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger
"Buy Silver and Gold Coins at the Best Prices"
To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $1,250.00; silver's primary is up targeting 16:1 gold/silver ratio or $78.13; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down.