Gold Investments Market Update - Rising Premiums for all Bullion Products and Delays; Shortages Deepening |
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Gold continues to tread water after its recent sharp falls and there are very determined sellers in the futures market at the $740 to $750/oz level. The Gartman Letter, expressing some respect for gold's relative performance, points out that there "... is a strong seller of gold at the $740-$745 level…quite large; quite adamant and quite intent upon asserting his or its will upon the market." There is informed speculation that investment bank selling pressured gold this morning. Gartman does Read More...
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