Wed Feb 13 2013
Peter Schiff still believes gold is headed to $5,000
TARP was more expensive than you might think. Thanks to a reader for this one.
On page B 1 in today's WSJ the story reads
What Recession American Regain a Craving for Luxury
Page B8 features a photo of the new Maserati SUV, Tata is betting on its $110,000 Land Rover, etc
All of this is in synch with top of the market expansive social mood. We have noted the simultaneous increase in the Mansion Section on Fridays. Courtney Cox seems to be makin gmore money trading houses in Malibu than acting on television.
As gold hits a six week low, this morning KO, COPX, SIL, REMX are up and what can it be, GDXJ actully ticked up!
Commodity plays should start moving up as the last sector in rotation in this bull cycle. Has that begun on the heels of another knockout low on Monday in gold and silver, that
Chinese New Year thng?
PWND and TAN wind and solar are up no doubt on the State of the Union last night.
Stay the course, patience.
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