Friday, June 12, 2009

GOLD PULLS BACK BECAUSE IT SLOWED DOWN ITS RISE, SHOULD RE-RALLY SOON


Euro is still moving up gradually,
Dow trimming its losses, now down about 30
Dollar slipping lower, now .8070
It takes time for traders to get the balls to move back
into gold after such a violent sell off on heavy volume
A very stupid reaction, as they should see the opportunity
to buy in at an exceptional low.