GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Tuesday, October 7, 2008
11:01AM PDST GOLD RISES STEADILY TO HIT A PREVIOUS HIGH AT 88940 BEFORE PULLING BACK
Gold rises on about 10,000 contracts between
9:50 and 10:50am pdst before retracing.
Euro was falling, stocks are falling
with occasional rallies of no consequence,
Oil down, bonds up.
An afternoon sell off, then another rally overnight
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