Friday, November 27, 2009

SINCE OBAMA'S ELECTION, GOLD IS UP 45% AND THE DOLLAR IS DOWN

FROM THE NYTIMES:


THIS IS AWFUL - REGARDLESS OF WHETHER THIS IS THE DELIBERATE RESULT OF OBAMA'S POLICIES OR MERELY THE MARKET JUDGMENT OF OBAMA'S POLICIES.

A STRONG US DOLLAR AND A STRONG FORWARD-LEANING US NATIONAL SECURITY POLICY HAVE SERVED THE FREE WORLD WELL SINCE WW2.

OBAMA'S POLCIIES WEAKEN BOTH.

HENCE TO SURGE OF GOLD.

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