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Comex gold scores its biggest one-day gain of the year, jumping $28.90 (+1.8%) to settle at...

Tuesday, February 26, 2:55 PM ET
Comex gold scores its biggest one-day gain of the year, jumping $28.90 (+1.8%) to settle at $1,615.50, as Bernanke’s comments were "music” to the ears of precious metals bulls, Real Assets' Jan Skoyles says, "and strong economic data is just not enough anymore to convince markets that all is well." Silver +0.9% to $29.32.

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This news story has 8 comments:

jbassbia Comments (307)

The news has promoted a run in juniors - B2Gold (BTO) and Colossus Minerals (CSI) - article at http://bit.ly/MWC1hH

26 Feb, 03:00 PM Reply Like

Christopher F. Davis Comments (761)

A Dovish Bernanke Saved Gold (GLD) And Silver (SLV).

For More See: http://seekingalpha.co...

26 Feb, 03:01 PM Reply Like

Rousseau SC Comments (264)

Why is a policy of fiat money-printing called dovish? Just wondering.

26 Feb, 03:07 PM Reply Like

Denny_Chasteen Comments (690)

Because it is an "easy money" policy. "Dovish" is associated with a "easy" stance. "Hawkish" on a harsher stance. Bush was a "hawk" on national defense. Carter was a "dove." It was probably just a rhetorical question, but I took a shot at it anyway. :)

26 Feb, 05:23 PM Reply Like

Rousseau SC Comments (264)

Makes sense now. Thanks Denny. I suppose that "sluttish" money, would be a politically incorrect nickname for easy money, but it might be a more accurate descrription.

27 Feb, 08:40 AM Reply Like