Metzenbaum Scissors

Gold Bulls: Beware

Oh yeah.

As a foreigner looking at the actions (manipulation is such a loaded word) of the treasury, Fed and Bernanke/Paulson, this image of instability does nothing to make me want to put my money anywhere near American equity markets, or $ denominated assets.

Uncertainty + arbitrary, sudden, capricious rule changes = ungood.

Commodity ETFs Overbought; Gold Least So

And I say, also, enough with the std deviations. Sorry to say, Bespoke, you are far from the standards of insight expected on Alpha. headlines, you are good at; analysis, not so much.