I've never understood how the big boys do it: for zillionth time in my memory, price of gold was up nicely all nite long overseas, but then the second NY opened this AM, they drop it straight down, 30 bucks. WTF, How they do that? Thanks, sf
I have heard rumor that the fed is artificially keeping gold surpressed to give the appearance that inflation is under control. we know the dollar is in freefall and the fed is printing them like confiti which is all it will be good for if they keep this up.
In the long run the market will overcome this and gold will again "Be as good as Gold " :)