GOLD 0.51% $1,391.7 gold futures

sorry about the double post - I didn't do it!just read this from...

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    sorry about the double post - I didn't do it!

    just read this from Shedlock:

    http://globaleconomicanalysis.blogspot.com/

    "Who Coulda Thunk?

    Just a few days ago someone was buying UUP dollar calls. There were 340,000 calls traded vs. 183 puts. Coincidence?"

    and

    "A resumption of a US$ rally will coincide with another giant sucking sound of US firms' investment and trade credits leaving China and China's so-called "export" sector (US firms' subsidiaries' exports) contracting further.

    This will require the PBOC to attempt to print money even faster to make up for the loss of export income and jobs, increasing the already high risk of a banking system and financial implosion at some point hereafter, and perhaps soon."

    "China is overheating as I have said many times recently. Globally, the question is when this stimulus nonsense blows up, not if."
 
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