Gold Reverses, Moves Up

Written by Gary North on January 6, 2012

Gold has reversed this week. Silver moved up with gold. Other commodities continued down. The euro fell below $1.28, indicating that gold’s move is a currency-related phenomenon. “The biggest influence today was the euro,” said Frank Lesh, a broker and futures analyst with FuturePath Trading in Chicago. “People fled the euro and bought gold.” The […]

Continue reading →