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Louise Yamada... I could be thumbing through a magazine or setting my fantasy baseball roster, when Louise Yamada comes on TV, I stop what I'm doing and listen. She's a wealth of knowledge.
I like this particular video of hers.
The bottom line is that the breakdown in the relationship between the dollar, oil and gold is disconcerting for investors because it demonstrates market confusion.
Notice how the recent equities correction didn't affect gold prices like it usually would?
I haven't bought gold, but i'm considering buying the Power Shares DB precious metals ETF (DBP) if it has some consolidation in the near term.
Wednesday, August 17, 2011
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1 comment:
we the consumer, lose out from the lack of committment of the companies. I wish there was a way that we could make gas and oil companies understand that they may be charging outrageous prices and eventually the little man will finds ways to compensate. Therefore, the more you charge, the more the consumer will not buy, or at least search for ways not to buy.
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