Let me preface this video by saying that this message should be sent to BOTH Democrats and Republicans.
This is not a political debate in my view. Both parties have destroyed our economy. The message below however remains very clear.
The spending needs to STOP before its too late. If you fail to listen be prepared to find another line of work!
A quick note:
Word on the street is Europe may bailout Portugal, Spain, and Greece. This was the trigger for the huge reversal on Friday.
This will be very bullish for gold if it's true. I think you may start to see a loss of confidence in currencies down the line as a result. This should increase the inflows into the metals IMO.
I listened to a trader on Bloomberg last week that said he believed the long dollar/short gold trade was about finished. I think he is dead right. If Europe follows our bailout ways, the currency swings should be interesting next week.
Have a great weekend.