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0.51% $1,391.7 gold futures

re: 504.30 over 510 tonight? /stolwyk Well stolwyk what are the...

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    03/12/05
    15:16
    Post #: 1258453
    re: 504.30 over 510 tonight? /stolwyk Well stolwyk what are the fundmentles of gold?

    We have fund mangers buying in and strong demand for jewlery.

    As oil has shown, the demand "fundamentles" can improve dramatically and the price just does what it wants.

    I mean how much more extream could the oil situation have gotten, 50% of gulf production offline, US econonmy did not faulter neither did China, but oil simply fell away. It proves the fundamentles mean nothing at all.
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    lightbulb Created with Sketch.  Great analysis
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