The deficit and debt trade — IE going long gold and silver, look very strong this morning… Paper FIAT is looking weak again… I like GOLD and Silver here and I am more bullish on them than I am in stocks…
Silver up 4%
Gold up 1.5%
Oil up 1.3%
EUR/USD lower by .3%
Bonds look higher (IE risk on)
etc….
Stocks look flat here…
Buy GLD, FCX, SIVR, DBO, DBA calls here That’s my gut feel but watch closely…
I would rather buy the commodity dip than the equity rip…
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