8:51 am (Hawaii) Quite perky action in spot the past hour. AGQ now at 176+ on better volume. Meanwhile the indices are tanking: Dow -182 (-1.5%), Nas -43 (-1.6%), S&P -22 (-1.7%). My Regular watch list is 20% green, 80% red. If this direction continues, it appears to be angling the way many metalheads expected: Eurozone/US debt crisis deepens, stocks tumble, fiat (Euros, Dollars) decline, precious metals gain. The activity of silver and gold in a one-day span is not a great indicator, of course, but with FAZ holding its ground at 51+ (+6%), simple is looking like a groovy game plan.
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