Goldilocks Economy: good for silver short January 14, 2011
Posted by Warren in Metals, Strategy.trackback
..at least based on my understanding of fundamentals (see 1/3 post: PM Correction Imminent). One of the main points I’ve raised is my expectation that 2011 will be a goldilocks economy, and that this will kill the necessary momentum to maintain the current price level of silver.
Today’s housing starts release is a small anecdotal example of a goldilocks economy where the data just range within consensus.
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