Austin Powers

Missed the Gold Rally? Now What?

Gold hit a 7 month high today, breaking $960 an ounce. The fear trade is very much alive as companies worldwide cocur that we have a FUBAR economy and probably will for awhile. On top of that, Count Porkula signed the stimulus bill into law this afternoon which basically authorizes the mass dilution and devaluation of the dollar. This in the hopes that a bullet train from Vegas to Disneyland and the building of a Frisbee golf park (not joking) will be stimulative enough to offset the economic Armageddon in our midst.