[Cicero]

As I said earlier on this thread, I expect gold and silver to go mostly up until they correct this summer.

There was a bit of a pause today because of the FOMC announcement, but gold closed over 700 anyway.

Let's not confuse politics with economics. This business of cheering every time the DJIA goes up is very dangerous. If it falls, as I expect it to do in a couple of months, it will not only be Bush's doing. Clinton and Greenspan were the chief culprits. In any case, you don't help Bush by losing your money.

[Sic Luceat Lux]

Your informative posts are excellent, thanks.

[Freedom4US]

Let's not confuse politics with economics.

That's the whole point, isn't it? Since the money is a sort of moving target in theory, to preclude disastrous deflation in practice this means robbing people of their savings, not to mention any incentive to save, all we ever hear about is "job growth" or "growth of the economy". The whole "blame the oil companies" thing is getting a little long in the tooth, methinks.

[Sic Luceat Lux]

It just isn't stopping. They're calling gold up again now in Asia:
up $6.30 to $711.00

Silver: up .11 to $14.50