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Gold is up $40.20 per ounce as I write this and that’s just today. Unbelievable. Is this the start of the third parabolic phase of the gold bull market? I don’t know. It’s anybodies guess. Has been a pretty wild ride that’s for sure. Big swings up and big gut clenching drops. Speaking of drops…the Dow down 265.87…Yowsah.
What happens tomorrow, who the heck knows? Sure has been interesting though.
Posted by Meg Tilly on Tuesday, August 02, 2011 in Chewing the Fat
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