Posts Tagged ‘India’
Gold and Oil News - June 7, 2013 0:29
Upheaval in the Yen Pushes Gold over $1400
Last night while the Yen was breaking down I found myself laughing at the stubborn refusal for the futures market to allow gold to print a 14 handle for hours, even though the Yen carry trade was breaking down. Finally this morning the bulls could be held back no longer but only to pop as […]
Gold Ends November Down $4 for the Month
A continued assault in the Gold pits today ensured that Gold ended the month of November down $4 over the opening price. For the technical guys out there that’s a 2 month downtrend which will have the longer-focused momentum players expecting a down December. Given how tight the spread between the November open and closing […]
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