Saturday, Nov 18, 2006

Gold steady as other commodities drop

The Independent: Metals and oils plummet amid US growth fears

In "normal" downturns gold follows the commodities index down.
If people think there is something much more severe ahead (deep recession/currency crisis) then gold goes in the opposite direction.

Watch this trend closely over the next month or so.

Posted by sold 2 rent 1 @ 09:48 AM (443 views)
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