There Goes Thirteen Hundred

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First of all, thank you to those who vo0917-RESULTSted on what cover of my new book they liked best. When I got the four designs, it took me about half a second to decide on #1 (the guy floating with the balloons). The majority of you folks agreed, as indicated by the pie graph below (green being choice #1). The book comes out early next year, and I’ll be sure to mention it a few dozen times when it does so.

Although I don’t have a position in gold, I have been tracking precious metals with interest, and I noticed that so far this evening, the psychologically-important $1300 level has been breached again. None of us know what the Fed is going to say tomorrow, or what effect their words will have on the market, but my best guess is that gold’s descent is simply going to accelerate.



Allow me to wish all of you the best of luck on Fed day. It should be………interesting.