Investors completely shrugged off news of the IMF gold sales as the price advanced $20 following the announcement. There are questions as to whether the IMF actually has physical gold to sell and there is historic correlation of gold going up after such announcements, not down as many would anticipate. GATA wrote about [...]
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Stocks have posted a very impressive rally over the past year. In fact, the S&P 500 has gained 73% from the March 2009 low of 666. But this devilish support level will likely be tested again before the year is through. I view the 2009 rally as nothing more than a dead [...] I hope that you will be able to join me this year for one of the best gold and silver conferences in the industry: The Cambridge House Investment Conference & Silver Summit in Phoenix, Arizona. I am a sponsor of the event and will be at booth #313, so stop by and say hello. [...] |
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