Wednesday, August 4, 2010

GOLD and USDX UPDATE



GEOMAGNETIC STORM--MORE TO COME? The solar storm of August 1st sent two CMEs toward Earth. The first one arrived yesterday, August 3rd, sparking mild but beautiful Northern Lights over Europe and North America (see below). The second CME is still en route. NOAA forecasters estimate a 35% chance of major geomagnetic storms when the cloud arrives on August 4th or 5th. High-latitude sky watchers should remain alert for auroras.

Interesting Blogs of the day:
David Rosenberg: This Is 2007 All Over Again, As The Level Of Market Complacency Is Now Palpable

AEI's John Makin: The Deflation Is Already Here


Chicago Sean Battles The Prop Robots

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