With crude oil falling and the U.S. 30-Year Treasuries spiking, today King World News is featuring a piece from one of the greats in the business that says gold and gold mining shares are now acting like the Chinese stock market prior to its 100% surge!
“Nature’s first green is gold. Her hardest hue to hold. Her early leaf’s a flower; But only so an hour. Then leaf subsides to leaf. So Eden sank to grief. So dawn goes down to day. Nothing gold can stay.” …Robert Frost, “Nothing Gold Can Stay”
May 15 (King World News) – While I don’t claim to be an expert on poetry, I am fairly certain Robert Frost was not making an observation on the valuation of gold prices when he penned “Nothing Gold Can Stay” in 1923. Instead, the poem is frequently used in our culture to exemplify that everything has its end and nothing lasts forever (one could also use Guns N’ Roses’ 1991 hit “November Rain” to typify the same point, but that doesn’t fit as well with the theme of this commentary).
Gold Rose A Staggering 700% By 2011
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