GOLDTRADER'S GROUP
Daily commentary on GOLD TRADING as it occurs real-time in New York on the Comex Exchange.
Friday, February 6, 2009
5:57AM PST GOLD CONTINUES TO DROP, NO LOGIC INVOLVED, $10 TRADING RANGE WILL BE CONSIDERED SMALL PRETTY SOON
Dollar drops to .8633
Dow moves up 50
Euro moving up
Most currencies still thrashing up and down
NO real direction to predict.
Purely emotional trading or panic selling due
to volatility. Once things calm down, gold
should be a buy
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