You've Got To Be Kidding Me

A discussion on gold, silver, and the markets.

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Location: Freehold, NJ, United States

Married with two children and one toy poodle which was not my first choice but I like her anyway. Been on the Street since 1989, mostly as a retail broker.

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Monday, February 04, 2008

A dime....a stinkin' dime.....

So, spot manages to close up a dime (the April contract was down $4). So let's review: Gold was higher all night in Asia, gets beat up in Europe as usual, tries a comeback in NY and then gets whacked with the ugly stick to the tune of being down $15. Now, keep in mind, oil was higher all day and the dollar weaker. It was around 1pm, when gold got its mojo going and started to move. The gold stocks have acted better today. Maybe this is the end, but who knows?

Ahhhh...to be in palladium and platinum, those are true natural markets.

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