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’s rally yesterday was extremely short-lived, as it is right back down to $1,219 this morning, down $28! We would not be surprised, as we have been saying, to see gold break below $1,200.
Today's Macro Theme Is "Good News Is Bad News" — Watch Today's Number For Direction: Equities played a game of Pac-Man yesterday and although making it tough to hold a position, the levels continue to work.
The stock market could use a healthy correction soon, before prices start rising at an unsustainable pace.