Gold Investments Market Update - Greenspan: Gold is “the Ultimate Form of Payment in the World” due to “Fiat Money in Extremis” |
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Gold fell yesterday as the dollar rallied (gold closed at $874.00 down $14.40 while silver closed at $12.18 down 75 cents). In after hours trading there was determined selling which pushed the price as low as $860 prior to rallying above the New York close and as high as over $883/oz. In the titanic battle between the gold bulls and the gold bears, the gold bears and powerful selling entities have again won the short term battle. But this looks set to be another pyrrhic victory as the shorts
Filed under: Fundamental
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