Daily Archives: 07/10/2009

The Insanity of the October 6 News and Precious Metals

The Insanity of the October 6 News and Precious Metals

By John Galt October 7, 2009 The evening started last night with The Independent breaking a story which has been covered and rehashed in the past by yours truly with some new twists. The news that the Gulf states, Saudi Arabia, Russia, China and France were working on a new alternative currency for the purpose of diminishing the dollar’s role as the standard bearer for pricing oil created a massive stir but not to the extent that one would think. Granted,  precious metals made a…

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Gone Fishin…

Gone Fishin…

I’ll post a quick piece about today’s insane action but after tonight I am heading south to try one more time to catch the elusive big one…. Until Saturday or Sunday have a good one gang and keep the end of the world on hold until further notice! John

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