POG

In the last year, whenever there is talk of the Feds tapering off QE2, POG will fall because there is less money to throw around.

But last night at Wall Street, when the Feds is adamant that there will be a USD$10 billion stimulus cut, DJI plunged... but the POG went up by another USD$12 per oz.  What is the logic now?   It goes to show that these so called financial managers do not use logic.  Often it is just a herd mentality.

Hence, while my portfolio will get hammered, at least it is unlikely to be as bad.  Well, I hope!