Friday, September 23, 2011

After Huge Gains in Gold, Hedge Funds Sell - NYTimes.com

The True Color of Gold
At 12:42 EST gold has dropped to $1657,  more than $250 off  highs of $1907 just a scant two weeks back as people predicted $5000.  What gold does from here time will tell, what should be clear is that the price of gold is volatile. A golden mirror of our moods- shinning ring on the newly weds finger reflecting the pinnacle of joy-   the glimmer in the eye of the hoarder-  not a chart-  the prayer for border crossing for the fleeing refugee- The value of gold is set by mood.  Speculators and investors beware- gold is slippery as well as shinny 

After Huge Gains in Gold, Hedge Funds Sell - NYTimes.com:

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