3.30.2006

Gold on the rampage

Gold breaks $580!

Not that we didn't foresee this. The willful destruction of the dollar by both the Federal Reserve and the spendthrift Republican government made this inevitable.

I've had Newmont Mining stock since 2002, and bought Gold ETFs under $495 last December.

Congratulations to those who joined us in the gold trade. I'm not selling yet.

Meanwhile, bonds are still dropping, as predicted.

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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.