SERIOUSLY? You have to admit those headlines last week got your attention didn't they? I'm sure the Chicoms are laughing themselves silly after the disclosure last week of their monstrous gold hoard of 23 ounces. I know I immediately sold my gold realizing its barbarous value. I guess the U.S. Mint can resume silver Eagle sales now since silver is also worthless. After all gold and silver down big at this time with the "panic" in the streets. I know I'm shattered because I have gold and silver saved in bullion form to trade for some more valuable paper and its just not happening for me.
We are living in amazing times. China stock market collapses and Chinese officials announce prison sentences for short sellers. Then they announce you cannot SELL stocks. Then they threaten the brokerages with prosecution if the sell stock shares. The market moves up modestly over the next two weeks and the media declares "all is fine" now in China. You can't make this stuff up. If I didn't know better it sounds just like our Congress and Larry Kudlow in mid 2008. You remember those "free market capitalists". They certainly are "free market" as long as it doesn't "go down". Too funny.
Golly gee, what can go wrong? We're all fixed and this bizarro world is just getting better everyday. hehehheheheeee....... have fun and gl.