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Message: Re: Spot gold closes @ $1,005

Sep 11, 2009 03:50PM
1
Sep 11, 2009 03:55PM

All time high close must have been $1,015 according to the following source:

"Gold this morning has rallied back above $1000 and is likely to make further tests higher due to inflation fears and US dollar divergence with a close above $1015 signalling a test of the all-time of $1034 set last march"

http://www.fxstreet.com/fundamental/market-view/london-bullion-report/2009-09-09.html

Will be interesting to see next week how desperate and underhanded the US Gov't will be to keep it from breaking the March 09 highs.

cheers to fellow longs, have a safe weekend

1
Sep 11, 2009 07:54PM
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