Tuesday, March 18, 2008

What Does Dow Surge 420 Points Mean?

Is it consistent with my prediction that today the Dow Index went up 3.5% ?
I am predicting an increase in the price of gold for lack of confidence on the Bush team. This good news for investors in the short term means that they got what they wanted, as Greg Palast explains in the piece above, following the money, one can see that these actors are very much active indeed. They got the cash they wanted to keep playing roulette with our money and today they are happy. I am still expecting as the Bush administration starts to pack at the end of this year, that these same investors will start moving where they feel safer,to gold. For how long? I really don't know.

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