silverwood

Is India Now Irrelevant to the Gold Market?

Jeff good post, looking at a chart of the Indian Rupee gold price, which is what our Indian freinds look at when buying gold, shows me that in early Feb. 09 gold made an all time high in Repee. So yes Indain gold buyers are selling into strenght. Price has come down some and after a consolidation the indian buying should resume. You can reference this chart here...www.kitco.com/gold_cur...

Gold and Silver About to Hit Resistance

If you are managing a market, then you paint a chart picture. The question is when does it become too hard to control because of fundamentals moving against you?