Friday, May 07, 2010

Gold and Short the Market

Yes I  squawk about GOLD and Shorting the Market in here, but the European Crisis is here for the rest of 2010 folks.  My "Portfolio" gained back my $10,000 loss after I shorted the market almost 100% and bought more gold stocks...in the last two days!

I can see the Euro going 2/$1 USD by years end and GOLD at $1400+ oz.  The bulk of the Eu is Bankrupt and many times worse off than Greece.  I can't see a few $Trillions in liquidity of cash anywhere, to bail out the entire EU.  Strangely Russia, China, and India are not on this list.  Does this mean unregulated Capitalism just sucks?  Who can say?

Remember, "Today is the best day of the rest of your life!"