Whats next? Some selling on gold and gold related equities prior to the FOMC meeting (standing on the sidelines for gold traders) which was pretty much a non-event. Gold went up despite fed continuing their taper plan. Growth forecast for 2014 cut and inflation edging up. Iraq and Ukraine crisis continues to be factor and will be a drawn out affair.
Second half of the year looks good for goldies with SLR coming out with their quarterly next month. Place your bets.
SLR Price at posting:
41.5¢ Sentiment: None Disclosure: Held
