Re: speculator or fear rebound in gold?

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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hondobud

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Re: speculator or fear rebound in gold?

in response to

speculator or fear rebound in gold?

hondobud

posted on Mar 02, 2010 12:14PM

Of course gold could make up for this with the almost 100,000 contract drop in long open interest on Comex, where room now exists for hair-brained paper market speculators to come back in and drive prices back up considerably.

What is happening? no resistance to gold above 1135? we shall see...........

I wonder if it is just europe buying gold to preserve wealth, with their pounds @ euros etc?

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