Coming into the last full week before the markets shut down to a crawl, I have a request for Santa for one last favor for the year....now get your mind out of the gutter. One last push up would be reassuring to the masses that yes, Obama and the boys at Goldman are still running things and they could care less how high gold goes. Sounds like a reasonable request doesn't it ?
We have gold up a ten spot tonite, and the markets overseas flatlining as the US dollar takes a step back. Tomorrow will be interesting to see what happens to the dollar and if the latest rise really has legs. I won't rule out some more volatility but we are due for a bounce here, my indicators show a short term bottom. C'mon Santa, just one more kick at the can.
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