Wednesday, September 7, 2011

Inspired by Paul Krugman

The Only Game in Town


I read Paul Krugman's piece from September 6, 2011, 9:18 PM

Treasuries, TIPS, and Gold (Wonkish)

 http://krugman.blogs.nytimes.com/2011/09/06/treasuries-tips-and-gold-wonkish/

The subject seemed to be.  What's driving the price of gold? Struggling to comprehend the "Economic Speak" I gleaned that he might be suggesting that, while most investments are dull to depressing with seemingly little prospects any time soon, gold has been all "Hoots and Hollers."  It seems the gold rush is the only game in town.  If in fact, this is the phenomena driving gold prices, then "Long Gold" should watch closely for the sell signal of the next game afoot, and move deftly to that Arena, profits in hand, well ahead of the crowd, avoiding the stampede away from gold and consequent huge losses.

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