Just checking again with the DOW worst performers and guess who heads the list again. JPM. Something is going to give very very shortly. One day we will wake up and the lies and propoganda will be disclosed and there will be no where for these rogues to hide. Gold will fly through the roof and the South Americans will all be lining up for more bail outs. The Sth American situation is like a rolling stone and as they are lent more and more money the speed with which there central banks are spending and securing their currencies is phenomenal. Yes, I know it has always been a problem for the US however the ammounts needed and the speed that they are spending is gathering. This locomotive is about to fly off the tracks and there will be no survivers. My patience is done and I took my defensive stance after hanging back out of the market for the best part of the last 3 years. I have gone GOLD GOLD GOLD. I dont care what any of you think the $US is about to collapse. Today is the start of the GOLD climb and the awakening of over zeallous blinded Bulls. OK it may be a week or 3 off but I am surer than I was 3 years ago when I got out on the very first 500 point loss night salvaging all but 5% of my wealth and on the Friday before Black Tuesday in 1987. Call me a doomsayer but it all reads like a nightmare. There is some serious bludgeoning to come.
JPM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
