Consider another add to GLD right here at $169.85.
Those not in GLD may initiate a very small position here.
Significantly more information is provided in Real Time to paying subscribers of The Arora Report.… Please click here or the title below to read more.
Adding a 5% tranche to GLD at$168.92.
Fed Chairman Ben Bernanke says Fed won’t seek higher inflation to boost jobs in the Senate hearing. This is consistent with last Fed statement after the FOMC meeting.
Of course, this statement will not change the behavior of mom and pop momo crowd because they dismiss any and all data that does not conform to their view that the world is going to hell in a handbasket. Therefore caution is warranted by building the position slowly
Significantly more information is provided in Real Time to paying subscribers of The Arora Report.
… Please click here or the title below to read more.