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Message: Why did gold drop after Russia rolled into Georgia

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Why did gold drop after Russia rolled into Georgia

posted on Aug 16, 08 08:04AM

A most serious military move, drawing NATO allies into a risky adventure, and gold falls along with oil.

Does this tell us that all those breathless headlines day in and day out justifying commodity price movements is simply clap trap? The answer seems clear to me.

I suggest charts are the most reliable hint at what to expect. All else is smoke and mirrors, including many news releases. IMHO.

Remember to pay attention to folks like Ump...

And for that one poster who seems to care this week, it doesn't matter a whit how many employees PLE has. Really.

All of this is contrary to what we are taught, I admit.



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