Seeking Alpha

S&P futures fall a bit more, -0.6% following the retail sales miss (with prior month revised...

S&P futures fall a bit more, -0.6% following the retail sales miss (with prior month revised down). Treasurys erase most of their losses, the 10-year flat at 1.67%. Gold is the big winner, jumping $9 to $1,623/oz. GLD +0.6% premarket as QE calls again fill the air.
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Comments (2)
  • billydgarrett
    , contributor
    Comments (182) | Send Message
     
    all those people pulling their ever declining euro funds from greek/spanish/italian.. banks are surely buying 'gold'....the paper market suppression cant work forever.........just think about it what would YOU DO just withdrawn lets say 10000 euros....your life savings and you are going to keep it in paper money foreign bank accts? or buy gold and put it under the mattress?
    13 Jun 2012, 09:00 AM Reply Like
  • rich_ard
    , contributor
    Comment (1) | Send Message
     
    Just as an aside:
    Interesting that over the last five years there has not been an insider stock purchase at SLW....Wonder why???
    13 Jun 2012, 12:50 PM Reply Like
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