Gold continued it's drop, continues to be hit by the banks in NY. Many expect to see 640 (red line) or less, I would not be suprised.
So long as we don't take out the other lows to the left we may be ok. Others on the gold sites are buying buying.
For me I am long and waiting with mostly jrs.
I suppose there is blood in the streets... look at IAG and VGZ for example. Forced selling?
Be careful out there.
Also recommend www.financialsense.com check the third hour part II broadcast and ofcourse Hoye on www.howestreet.com
Have a good week.
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