Saturday, November 19, 2011

Double Standards

 How does a 4.17 % drop in November highs in one thing equate to a screaming buy while a 4.68 % drop in another equate to a screaming sell?

 Simple: The former is gold, the latter is the S&P 500.

 And gold should never fall in price nor have profit takers according to goldbugs ....  and the stock market should ... well ........... the stock market should simply NEVER go up, according to these same people.

 The stock market is there to short, that's it and that's all. That's what we're told to believe by those holding gold.

 We're not hearing much in the way of shorting gold stocks, which are down 9.8% from their November highs, by the way.

 Perhaps there's a lesson to be learned here ....

 It's best left up to you in deciding what that lesson is.











Always perform your own due diligence. These are only my opinions.