Monday, May 25, 2009

How Did Gold and Silver Do Last Week?

Some unusual things are happening relative to gold and silver.

Look at what was going down:

It looks like the Dow could be putting in a double top; and, each top this month had an outside reversal day. Not good.

The US Dollar:

US Treasuries:

It looks like people are trying to get out of all 3 at the same time. Anyone remember the last time that happened? [Let's forget real estate. It's chart is still too scary to look at.]

Look at what was going up:



The safe haven buying is going on where?
The smart money (at least the smart money that has only recently smartened up) is buying where?

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