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Gold is So Rip-Snortin' Cheap!

Advertisement Start Trading 75% of retail CFD investors lose money Thus upon Gold’s weekly parabolic trend a week ago flipping from Long to Short, we assessed the numbers, wringing from them what we could best foresee, and wrote that Gold (then 1783) faced getting sold sub-17f00. And for this past week in settling yesterday (Friday) at 1733 — the net decline of -2.8% being Gold’s worst weekly loss in three months — price en route traded down to within 15 points (at 1714.9) of the 1600s....
United States Peter Costello Federal Reserve Prescient Commentary Black Gold Real Gold

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