Here's a little gold puzzle for you to ponder as you're getting ready for the weekend. See if you can figure it out.
FEB14 gold shot up this morning, trading up $27 to $1,261. $1275 is our next key target and resistance level. Gold now looks like it could have some momentum to the upside, and possibly approach $1,290.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.
I imagine many readers see a lot of commentary relevant to gold and economics, and come up against Say's Law. Its importance might not be immediately obvious.