Gold

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Aug 24, 2011, 1:56:44 PM8/24/11

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Looks like gold has finally joined the fray. Down $104 today. Wow!

Also, attached is the latest look at the home price index. Down 33% from 2005/2006 high so far. Target down 90%.

The fed may announce QE 3 this friday but I don't think it can buy the markets much more time.

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Oct 1, 2011, 1:41:43 PM10/1/11

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--
-Ilyas Alexander Lahoz

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