Friday, November 28, 2008

9:32AM PST GOLD SPIKES UP $8 FOR NO REASON ON STRONG VOLUME


Dollar is even up strongly today at .8686, down
a bit from its high at .8701. (delayed chart quote)
*Apparently the dollar had dropped to .8670
which I discoverd a few minutes later when my
delayed chart updated.
Must be a hedge fund jumping into gold before
the weekend.
This is an example of a late weekend/holiday
run up that comes out of nowhere about which
I have told you in the past.