08 November 2011

Gold Daily and Silver Weekly Charts - La Douleur - Berlusconi Boogie Woogie

It was Risk ON as the markets rallied on news that the Italian PM Signor Berlusconi will be resigning after an austerity vote.

The rumours that he is being recruited as a Republican presidential candidate are probably mistaken, although he would blend.

Why this resignation without an heir apparent introduced 'certainty' eluded me somewhat.

I suspect that the Wall Street wiseguys are planning their own version of death by bunga bunga for the investing public.