Regarding Gold

By -

If you are not a casino patron and if you are patient, you will
realize that the disconnect of gold from the ‘risk on’ trade currently
taking a manic and global center stage is a good thing.

gold bar

Gold, a big hunk of value storage in a monetary world gone off the
charts, just sits there, waiting out the ridiculous lurches by casino
patrons over the years.

Summer of 2011, casino patrons jerk to the right (momo'ing a store of value).  Winter of 2013, casino patrons jerk to the left (momo'ing risk).

Do you see the humor and the tragedy in all of this?

http://www.biiwii.com