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Saturday, August 20, 2011

Stocks and Gold Point to a Hellish Outcome


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08/19/11 Poitou, France – Wow…another whack.

Wall Street got whacked hard yesterday. It had begun to look as though things were getting back to normal. Then…whammo!

Yesterday, the Dow took a 419 point hit. Gold rose $28 to close decisively above $1,800.

We keep an eye on stocks and gold. Stocks measure the value of America’s businesses. Gold measures the value of America’s – and the world’s – money. What are these measures telling us?

That we’re on the road to Hell!

Of the two measures, gold is harder to figure out.