Posted by Jim Sinclair at www.JSMineSet.com. - Allan
Anyone else think that gold is long overdue for an upward correction?
Score Board -- percentage change for the year, so far, in various items:
- Crude oil up 42.5%
- Ethanol up 20.7%
- Heating oil up 43.9%
- Natural gas up 76.5%
- Unleaded gas up 39.5%
- Cattle up 1.0%
- Corn up 58.8%
- Soy beans up; 26.4%
- Coffee up 5.9%
- Aluminum up 32.7%
- Copper up 25.7%
- Platinum up 33.4%
- Gold up 6.0%
- Silver up 13.4%.
- S&P 500 down 10.24%
- Frankfurt DAX down 18.32%
- London FTSE down 12.23%
- Paris CAC down 19.64%
- Hong Kong Hang Sang down 18.33%.
- Tokyo Nikkei down 9.47%
- Singapore Straits down 14.04%.
- Seoul Composite down 9.57%
- Sydney All Ordinary down 15.76%
- Taipei Telex down 7.40%
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