Open Discussion on Gold, Silver and equities
I think this will be the week (3 March 08) that Gold breaks the $1,000 mark, and silver crosses the $20 threshold. Additionally, I feel pretty strongly (this week)the DOW and S&P will fall below key downside support levels (NOTE: Stock Index Futures are falling hard as I pen this quick message--could be a very UGLY Monday).
Sunday 7:30PM Update: OUCH! Asia Indices tanking--Asia Pacific Indices -- Japan's Nikkei currently down 545 points (>4%); most others down ~ 3%
What are your thoughts?
Lastly, here is an interesting Video Clip--very unusual to see/hear this type of Doom & Gloom from the Main Stream Media (maybe they are finally waking up to reality)
CNN Money: John Williams "Inflationary Depression Coming"