12.27.07
Ignore The Noise
Gang, this week is what is known in the markets as “window dressing” or the attempt to make things look a lot better than they really are. Please ignore ALL of the market moves this week. The precious metals and oil markets are moving up on a potential conflict in the Middle East widening and that is about the only “real” thing that is happening. If you notice the ags, the beans were up again today and that too appears to be window dressing and foreign buying to protect future supply. Standby for January 2, 2008 as that will be when the curtain rises on the wildest month we have seen in years.
And what I fear will be a massive change in the psychology of our nation for the future as the coronation process moves forward….