I made a mental note to check the Martin Armstrong site for a few days now and didn’t notice until tonight that he had released a new edition (from his Fort Dix prison cell) about a week ago: entitled “Gold, an 11 year High for 2010?”
Gold has remained strong despite those who hold prayer meetings hiring witchdoctors to come up with incantations to force it to retreat. Gold has become the modern day scarab of the Free Markets. For you see, the scarab was the Egyptian symbol of resurrection. Gold is becoming the symbol of modern resurrection of PRACTICAL ECONOMICS. All the excess and corruption within the government that is driving the debt crisis, is coming to the surface.
Quite prescient given the recent breakout move toward $1300/oz. Download the entire PDF here.