Wednesday, June 17, 2009

GOLD APPEARS TO BE CONSOLIDATING HERE FOR A MOVE HIGHER


The shallow pullback after the good runup is good to see.
It means that buyers are outweighing sellers and holding
the price up
Bonds are pulling back
Dow is back to about even at up 2 points
Euro, Yen still moving to the upside
Oil still weak in the 69s
Dollar weak, slipping down to its recent low at .8096