Saturday, February 11, 2012

John Hathaway: People Are Right to be Scared...and Gold is a Necessity

¤ Yesterday in Gold and Silver





The high in gold was about 2:30 p.m. Hong Kong time...about ninety minutes before London opened yesterday...and it was all down hill from there, but at a very leisurely pace.Once the London p.m. gold fix was in shortly after 10:00 a.m. in New York, the sell off got more serious...and by the close of Comex trading at 1:30 p.m. Eastern time, 'da boyz' had peeled another twenty plus dollars off the gold price. From there, the price

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