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First investors return to gold – then we’ll see newcomers fleeing toward it,
Gold eases despite record oil
By David Bradshaw Wednesday, May 7, 2008Wednesday gold prices fell on a dollar bounce despite $123 oil prices. Gold closed in NY down $7.80 to $867.80/oz., silver fell $.24 to $16.60/oz. “Gold’s downturn and the corresponding easing of worries about the financial system are temporary.
Gold eases despite record oil—LISTEN
Events always trump psychology at some point. First investors return to gold – then we’ll see newcomers fleeing toward it,” reports Daily Reckoning…
