Gold has shot up 8.80 fairly quickly this am
#1
Posted 04 April 2007 - 08:07 AM
#2
Posted 04 April 2007 - 08:10 AM
Edited by Jnavin, 04 April 2007 - 08:13 AM.
#3
Posted 04 April 2007 - 08:13 AM
#4
Posted 04 April 2007 - 08:15 AM
Job report means (to some analysts) that the Fed may lower rates sooner than expected and that would be inflationary. A bit more complicated than that, but that's the basic story line.
Gee...anybody around here been loading up on gold and silver stocks lately?
Kitco site slowed way down already...try thebulliondesk.com
Wow only up 3 now the gold chart (i minute this morning) looks like the oil chart did last week after the market closed. Rocket up than down.
I am sure more manipulation via rummors and the like.
#5
Posted 04 April 2007 - 08:17 AM
Edited by Cirrus, 04 April 2007 - 08:19 AM.
#6
Posted 04 April 2007 - 08:19 AM
#7
Posted 04 April 2007 - 09:30 AM
#8
Posted 04 April 2007 - 10:26 AM
Yesterday KGC (Kinross Gold) was strong lately even though gold was not. Looks like a lot of buying. One of our members commented on NAK. It has done well until recently and did not participate on off days. So KGC still remains my gold trading avenue of choice. It's buy & sorta holdUnfortunately the metals rally isn't so muted. Hmmmm.......
Gold and metals stocks doing VERY well with follow through on very bad news.
#9
Posted 04 April 2007 - 11:07 AM