Aug

26

A Few Notes, from Duncan Coker

August 26, 2011 |

Looks like the Platinum vs. Gold spread is expanding. My wife will be pleased as I chose the industrial platinum over the shiny metal, and glad it has some value over just car engines. A note from my broker trying to induce me to trade gold notes that the Treasury is sitting on 260m oz of the shiny, so roughly a 130bil unintended windfall this year. Also noted yesterday: property values are down in every state except OK, ND, and the district which enjoyed a nice 12% increase yoy.


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