And then there's this:
Spot Gold Falls as Much as 1.5% Following Fed Stimulus Signals
By Patrick McKiernan - Tue Apr 03 18:08:33 GMT 2012
Gold fell on signs that the Federal Reserve won’t increase U.S. monetary stimulus.
Gold for immediately delivery fell as much as 1.5 percent to $1,652.98 an ounce from yesterday’s settlement. Before the latest indications from the Fed at 2 p.m. New York time, the price traded around $1,670.
And as i look now the kitco spot for gold is 1642.90....hard for any of the gold miners to show much strength today. San is not the worst performer on my watchlist. Whatever phenomena is affecting the market is not confined to any single company . All the uncertainty seems to be exhausting the market. The tree is getting shaken pretty hard right now.
