from King World News
Despite face-ripping countertrend rallies in the Dow, today Stephanie Pomboy said we are in for a world of pain and the bursting of the credit bubble will still be raining down upon us. Plus this is why gold stays bid.
Gold Stays Bid
March 26 (King World News) – Ole Hansen, Head of Commodity Strategy at Saxo Bank: “Gold stays bid following the dismal US jobless number. Support also being provided by 10-yr real yields as they continue lower to -0.3% after hitting +0.65% last week (see below).