Monday, June 4, 2012

John Embry Elaborates on the Counterintuitive Moves in the Gold 'Market'

Author:


Ed Steer





Yesterday in Gold and Silver


Ed_GSDMay 31, 2012 10:50am GMT



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The gold price declined about ten bucks by noon Hong Kong time during their Wednesday trading session. From there, it recovered all that loss by shortly before 1:00 p.m. in London trading.Then a sell-off began that took gold down to its low of the day...$1,530.10 spot...which was around 9:40 a.m.

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