Oil and Gold Grab the Headlines - But Silver's Another Major Mover [View article]
Gold dropped this pass week because of massive 1) Sell off by the banks to shore up cash in light of current financial mess. 2) Selling of commodities by brokers to book gains for the quarter.
Make no mistake, gold's drop is temporary. When it starts to rally, it will bring the entire asset class up again. As an astute investor, do not forget to buy low and sell high.
Oil and Gold Grab the Headlines - But Silver's Another Major Mover [View article]
1) Sell off by the banks to shore up cash in light of current financial mess.
2) Selling of commodities by brokers to book gains for the quarter.
Make no mistake, gold's drop is temporary. When it starts to rally, it will bring the entire asset class up again. As an astute investor, do not forget to buy low and sell high.