Saturday, June 12, 2010
Phil Flynn: The Great Retrace
The strongest China exports in 6 years have traders forgetting about their hot inflation. They had good debt auctions across the euro zone and now the markets want to try and believe the crisis in Europe never even happened. And besides Jean Claude Trichet says the euro is a stable currency. Why didn’t he tell us that last week and save us all a whole lot of worry! Yet seeing is believing. The stock market and the oil markets have to follow through and the bonds are going to have to break to keep oil going. The question is: Do you believe?Well I know.....Read the entire article.
The "Super Cycle" in Gold and How It Will Affect Your Pocketbook in 2010