21 January 2012

This Will Be a Dangerous Collapse and End Game: James Dines

Gold has been far too high for far too long to maintain sustainability. It is still a better investment than any fiat currency, but that should be a given in this day and age. 

"Yesterday was a real head-scratcher. Gold turned in a decent performance...but the shares closed down. Silver soared, and silver shares barely budged." [COLOR=#7f4028] Yesterday in Gold and Silver The gold price did nothing until London opened yesterday morning...and then it promptly got sold down about thirteen bucks, with the low coming of the day coming at the Comex open around 8:20 a.m. Eastern time. From there, a rally developed which added twenty bucks to the gold price. This rally lasted until 12:15 p.m. in New York, before basically trading sideways for the rest of the day. Gold closed at $1,667.00 spot....up $10.30 on the day. Net volume was pretty light...around 101,000 contracts. The silver price basically followed gold's price track...but the rally that started ...

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