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Rising to $1,630/oz. following the PBOC ease, gold gives it all up and more - off 1.8% to $1,605...

Rising to $1,630/oz. following the PBOC ease, gold gives it all up and more - off 1.8% to $1,605 - as Bernanke is less dovish than hoped. Silver -2.5% to $28.79.
Comments (4)
  • Orange12
    , contributor
    Comments (2) | Send Message
     
    Another easing by a central bank. Can anyone spell economic malaise? That economies and economics as a 'profession' are at risk. Politburo members running business? When bankers are running economies everywhere in this world? Where are the start-ups? The real driving forces. Meanwhile, taxpayers are on the hook for ALL this foresight. Invest in yourself! and protect yourself from ALL this collective thinking. "Capitalist Communism" is here.Bury some gold and silver in your backyard.
    7 Jun 2012, 11:52 AM Reply Like
  • remurraymd
    , contributor
    Comments (2287) | Send Message
     
    Helicopter Ben did not take off we still are buyers of big dips.He stated they were considering ALL easing options but cannot really
    do anything until the June 20 FED meeting.
    7 Jun 2012, 03:15 PM Reply Like
  • Rosmo2004
    , contributor
    Comments (16) | Send Message
     
    Im newbie was enjoyying the long on silver until out of a sudden bruuup down. Is tat bcos of fed announcement?
    7 Jun 2012, 03:58 PM Reply Like
  • Matthew Davis
    , contributor
    Comments (3690) | Send Message
     
    Have you done the gold vs silver comparison? Silver is much more volatile.
    7 Jun 2012, 08:39 PM Reply Like
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