This is starting to look like
'real money'.
The sentiments of the players no doubt:
London riots very 'bullish' for gold. I think that's how these entrepreneurs would phrase it.
No matter that the bullion is largely stored there.
The rioters cannot eat, wear, download, or burn, gold.
Also too heavy to carry much away quickly.
Now Goldfinger's idea, an old video reference, different story.
Some writers calling gld a financial instrument (this part correct) that is 'overbought'. Perhaps true enough.
But I would add this, another type of instrument, as well, very 'overbought' for a long time now: the greenback.
Cameron recalled from holiday in Tuscany.................
not calling Parliament back until Thursday,
Nigel Frosh, good point. Call in the army...... Wait, how many of them are with US troops in Afghanistan and Pakistan? Good point. Wait, lot of those folks in London are Afghanis and Pakis.
Question: To follow up on Frosh's concern, Do you want to rely solely on the London police, particularly after the recent Murdoch thing?
No doubt the Murdoch-driven media are lying low on this, as Rumpole would have put it: 'fine point of law'.
("oh, not another day like last Thursday...")
hope it doesn't begin to resemble a BP Gulf Spill
type executive 'situation'.
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