IKN

full of sound and fury, Signifying nothing

July 1st brings a strongly bullish signal on gold

My life, I realize suddenly, is July. Childhood is June, 
and old age is August, but here it is, July, and 
my life, this year, is July inside of July.
Rick Bass

Barry Ritholtz has decided to chirp in again on how gold has no bid. This has been an excellent contrarian signal all year, as the moment Ritholtz can’t resist gloating on how badly gold’s been doing is the day it ticks a bottom. 
Meanwhile, The World Complex brings you some real news on gold, the way China’s stopping people from taking it out of the country. Truly interesting.

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