Not an easy day....
The logical thing to do here would be to short the market, but the thing is, one never knows when the Fed is going to jump in with something unexpected....
What I saw with Tyhee today was lower volume, and not a lot of selling pressure; I hope that this bodes well for the future. I feel that as long as gold holds up, we should be fairly stable because what we have is basically gold in the ground, gold which should not be that "expensive" to get out of the ground relative to today's gold prices.
If I am not mistaken, we are supposed to be getting news soon; let's hope that this will move us up regardless of what the market is doing!
Time for a beer! A Boddington's Pub Ale should do the trick!
Cheers to my fellow Tyheeans!
stoneĀ