Thrice now in the last week I've watched gold close in New York near its low after crossing into 900 territory. Call the bailout what you will, the fact remains that gold has not responded as one would have thought after the initial spike.
Whichever name you choose I've got bad vibes about gold kicking on at this stage. And the longer it hesitates the more likely it is to capitulate in the face of a short lived Dow rally.
Good luck to all.......I'm back into cash only.
Thrice now in the last week I've watched gold close in New York...
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