GOLD gold futures
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Stocks are looking weaker tonight. It is interesting that the...

  1. Neil_WA
    2,988 Posts.
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    06/04/09
    23:16
    Post #: 4988400
    Stocks are looking weaker tonight. It is interesting that the POG is still stable at the bottom.

    The fact it is not rising suggests investors think this is a breather in the stock market rather than a collapse. It does look like a temporary floor under gold though.

    Stocks/Gold could break either direction from here on a whim. IMO with further bad news it will likely be stocks down, gold up though I will wait to see a confirmatory rise in the POG before committing myself.
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