Wednesday, January 4, 2012

Gold Rises on Iran Concerns: Technically Speaking w/ Jim Wyckoff (Jan. 4, 2012)

http://www.youtube.com/v/lhkDw0Sx5PQ?version=3&f=user_uploads&app=youtube_gdata

For this installment of "Technically Speaking" with Jim Wyckoff, we discuss the recent U.S.-Iran issues (oil embargo?), as well as gold's recent but slight rally and behavior as a risk asset. Despite this, Wyckoff reminds that gold is part of the raw commodity complex, and as such, the crude oil market, which hit a high today, will continue to impact gold and silver trading. Daniela Cambone reporting for

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