Re: Holy, Moly...gold and siver back to positive
posted on
Feb 20, 2008 07:36AM
Not only positive but both exploded at about noon eastern time.
Especially gold, a vertical jump by five dollars in minutes.
I suspect retail crowd going on lunch, now having time from work, checked the gold price and jumped in. Platinum near vertical also, +$60 from 11 to noon. Silver more leasurely.
Looks like PMs want to blow off top.
Will it happen? I doubt it.