Thursday, November 17, 2011

"Buying Gold is Just Buying a Put Against the Idiocy of the Political Cycle." - Kyle Bass

Author:


Ed Steer





Yesterday in Gold and Silver


Ed_GSDNovember 17, 2011 11:17am GMT



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The gold price got sold off about fifteen dollars in Far East trading yesterday. Then shortly after 2:00 p.m. Hong Kong time, the price trend reversed itself...and this rally lasted until shortly after 12 o'clock noon in London.Then the gold price began to head south, but really got kicked in

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