gold returned to be seen as the safe haven in times of financial down turn. From Yahoo Finance overnight... "Top Stories Gold Glitters as Metal Posts Biggest 1-day Gain Ever- AP
Gold prices exploded Wednesday -- posting the biggest one-day gain ever in dollar terms -- as fears of more credit market turmoil unnerved investors and triggered a flood of safe-haven buying. Gold for December delivery rose as much as $90.40, or 11.6 percent, to $870.90 an ounce in after-hours trading." Will bounce around but is on it's way back towards US$1,000 I think. Oil should move higher, the US dollar lower, the Aussie dollar higher and our commodity stocks should return to a more bullish sentiment.. Go Gold.
