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Message: $1100 gold = SGR $3.00

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Re: $1100 gold = SGR $3.00

in response to Re: $1100 gold = SGR $3.00 by mbgld
posted on Nov 09, 09 03:00PM

Good NR on Friday and no SP appreciation. Gold at all time highs, poor volume on the trade with minimal sp appreciation today. One may say that the longs are holding tight, but the asks are outnumbering the bids at this time

I have friend in the IR game. He once told me that you never release good news after Wednesday - that's when you release bad news to minimize bad market sentiment. Looks like the SGR IR team wanted this news to have little effect.

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