It looks like gold is going right back up to where it was on Thursday. It is already up about $3.50 over Friday's close.
Now, most of that "action" happened on the open in Sydney. The price has fluctuated near its new elevated level through the Hong Kong opening, and all the way to London's opening. We're now about 45 minutes into the opening (I've paused in composing this message for a bit to see) and gold is still up about $3 over Friday's close.
Sure, JP, the "overnight" markets are tiny and not very meaningful. But, it doesn't look like Friday's big move downward was any cue for gold to head much further down today. (It has given back 3/7th of the drop already.)
Regards,
Jim http://cambist.net/
--- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED]
Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
