For GT blog July 11, 2008
Finally - an opportunity for the gold bugs to finally be right
The recent bounce in bullion is accompanied by a weaker U.S. dollar and a return of the U.S. 10-year note yield back under the 4% level
Add in this morning’s collapse of the U.S. financial bellwether Fannie Mae (FNM) which will bring renewed crisis and panic back to the U.S. financial complex.
We now have the perfect storm for a SHORT but profitable flight into the gold complex
The gold complex should (finally) be a beneficiary of the current banking and liquidity crisis.
The Perfect Storm for the Gold Bugs
Finally - an opportunity for the gold bugs to finally be right
The recent bounce in bullion is accompanied by a weaker U.S. dollar and a return of the U.S. 10-year note yield back under the 4% level
Add in this morning’s collapse of the U.S. financial bellwether Fannie Mae (FNM) which will bring renewed crisis and panic back to the U.S. financial complex.
We now have the perfect storm for a SHORT but profitable flight into the gold complex
The gold complex should (finally) be a beneficiary of the current banking and liquidity crisis.
The Perfect Storm for the Gold Bugs
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