What volatile day in NY last night. Gold opened in London at around $406 and rose to $412 before taking a similar drop and closing roughly the same price BUT look at the (US) gold stocks measured by the HUI, down by 13pts or 6% as I write. Most stocks down 2 and 7% (the ones I track). Scarey considering gold didn't drop much, is this what's in store for the POG ??
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gold and stocks: what a day !
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