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Message: Treasury Auction

Treasury Auction

posted on Mar 22, 2010 11:24AM

Well gold getting whacked down today and on Friday is no surprise. Afterall there is I beleive a 118 billion in treasury auctions being held this week.

It is also options expire, futures expire month and first quarter end blah, blah, blah hahahahahahahahahahahahahaa.

In other words expect huge amounts of volatility that is usually downwards in the precious metals and resource sectors.

On the other hand I beleive that with the end of March things should finally start to look up for us long suffering commodity investors.

All in my honest opinion of course.

F.F.

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