Thursday, October 29, 2009

If You Are Looking To Buy Gold, I Wouldn't Wait Past Halloween:

From legendary commodities trader Paul Tudor Jones, who disclosed that his firm's precious metals exposure has been increasing and is his largest commodities exposure: 
"I have never been a gold bug. It is just an asset that, like everything else in life, has its time and place. And now is that time."
As you can see from this chart, sourced from tonight's Midas report at http://www.lemetropolecafe.com/, November is one of the best months for gold over the past 37 years, or since Nixon closed the gold window:


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