lol! tx, I needed the exercise. Also, I remembered hearing the chatter on the story last week but hadn’t had time or interest to check it out. I’m thinking now that the idea spread because the right wanted more news about widespread layoffs and the left wanted the rich guys out of work. That meant a lot of folks wanted to believe the headline true or not.
Good morning all, while you were sleeping gold punched back over the $1,300 level not seen since last August and silver's tagging along w/ new highs of it's own at $18.24! Commentators have already made up reasons for oil and stocks but they haven't noticed metals yet. We can make up causes now and say we knew it all along (me first --metals are all up because of er, China!).
Yesterday's stocks were flat in lower volume yesterday and futures now see 'em off a fraction; oil's now just over $46. fwiw, reports today: MBA Mortgage Index, Housing Starts, and Building Permits
You are one sharp cookie.