gold may crack $us2000 price on demand in ch.., page-4

  1. 11,147 Posts.
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    Interesting.

    HUI down over 6%, while GDX and GDXJ both also down but by lesser percentages.

    Gold down a few dollars off yesterday's high - now at USD1681.

    Goldies to underperform today I suppose. Here is one possible explanation from Ned Schmidt - "Gold Going Through Corrective Phase-Relax and Build Some Cash. - There will be better buying opportunities later this summer"

    http://www.financialsense.com/financial-sense-newshour/guest-expert/2012/03/27/ned-w-schmidt-cfa/gold-going-through-corrective-phase-relax-and-build-some-cash

    loki
 
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