A Quick Note
posted Jun 13, 2006 at 07:15AM
As I finish up a night of plastering and sanding I check to see that bullion is getting gutted yet again, now at 588. Obviously the suggested short-term trading tactic (mentioned in the weekend commentary) of looking for a small break below 600 and waiting for a move back above is no longer applicable. It will be interesting to see how gold equities hold up.