Friday, February 20, 2009

7:38AM PST GOLD DOES NOT SUCCEED IN MOVING HIGHER



Gold appeared to be consolidating for a further
move up, but instead is dropping fast
The indicator markets are all moving up and down
so fast I can't even accurately convey to you what
they are doing. They don't mean much to gold anyway.
The significant market is the dollar which has slipped lower
even with it bounce of the day's low.