Friday, May 11, 2012

GLD / JJC / XAU / IYR

Taking a longer term view of all those sectors most effected by bankster money printing it becomes obvious that they have a lot more printing to do judging by the response in IYR (real estate etf) In the mean time in the shorter term their efforts to mitigate inflation seem to be working when one looks at JJC (copper etf) and XAU (gold mining stock etf) I also see the potential for GLD to crash? (if your of a short term view) though all in the context of a much longer term bull market.  I'm hopefull that there will be an opportunity to add to gold positions down around 1300ish spot.....



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