Saturday, November 18, 2006

Gold steady as other commodities drop

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 (470 views)
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