GOLD 0.51% $1,391.7 gold futures

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  1. 24,765 Posts.
    ``Gold has traded in stride with equities,'' said Matt Zeman, a metals trader at LaSalle Futures Group in Chicago. ``Equities are moving higher and stabilizing so that should be supportive of gold.''

    Comment:

    This is absurd logic, but the sort of nonsense that misinformed "experts" spout about gold and the equally uninformed public then accept as the TRUTH.

    It basically means that you don't need to invest in gold or gold shares!

    What's the point if there are so many other alternatives and before gold and gold shares can rise you need these to be "supportive of gold.''
 
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