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Gold concluded another crummy quarter, finishing Q1 at $1594.80, down $80/oz., or 4.8%. Combined...

Gold concluded another crummy quarter, finishing Q1 at $1594.80, down $80/oz., or 4.8%. Combined with its downbeat end to 2012, gold has dropped 10% over the past two quarters for its first back-to-back quarterly drop since 2001. The metal's 1.1% gain for March offers a bit of hope for gold bugs, but it has dropped in four of the past five sessions and 12 of the past 18 weeks.
Comments (7)
  • JT08
    , contributor
    Comments (10) | Send Message
     
    Seems a lot of people selling gold and moving into stocks. Been a great buying opportunity especially for miner stocks and funds
    28 Mar 2013, 04:48 PM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Money printers vs. gold bugs: coming soon to a gladiator ring near you.
    28 Mar 2013, 04:49 PM Reply Like
  • HBWOW
    , contributor
    Comments (622) | Send Message
     
    Manipulaton, manipulation, manipulation, and more manipulation.
    The order books are "stacked" and "real" volume nada, ie smoke
    and mirrors.
    28 Mar 2013, 05:08 PM Reply Like
  • Matt Jonza
    , contributor
    Comments (86) | Send Message
     
    Calling all contrarians....
    28 Mar 2013, 05:21 PM Reply Like
  • Jimvickery
    , contributor
    Comments (438) | Send Message
     
    Seems a lot of people selling gold ETF's and moving into the actual physical bullion.
    28 Mar 2013, 05:37 PM Reply Like
  • lwhittin
    , contributor
    Comments (10) | Send Message
     
    I cringe when it shoots up. I'm still accumulating. I'm not ready yet.
    28 Mar 2013, 05:37 PM Reply Like
  • jbassbia
    , contributor
    Comments (365) | Send Message
     
    Marc Faber says " not even gold will save you " from the next bubble - article at http://bit.ly/MWC1hH
    28 Mar 2013, 06:08 PM Reply Like
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