Tuesday, October 6, 2009


GOLD!!!! Heard enough today, well as it breaks it's March 2008 highs on news of the dollar possibly losing it's place as the world currency.

Oil producing nations denied a British newspaper report that Gulf Arab states were in secret talks with Russia, China, Japan and France to replace the US dollar with a basket of currencies including gold in trading oil.

The Itz Pix portfolio, which has been in gold and commodity stocks since July is profiting nicely today. I continue to see Gold and silver more so, as the plays into year end. I'm also liking oil here ...it too will play catchup to gold/silver in the next few weeks.
*click on chart to expand image

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