Wednesday, July 20, 2011

Gold pull-back in the last 2 days is due to profit taking

Will Rhind, Head of U.S. Operations at ETF Securities after Gold has broke the $1600 it has pulled back a little bit due to some profit taking says Rhind :" what we are seeing is Gold gone to $1600 which is a new all time high for gold and since then in the last couple of days it has pulled back a little bit , and if you look at the trend of gold in the last couple of years what we typically see is when gold has made a new high such as the $1600 level it has been subject to profit taking and therefore the price retraced a little bit from its all time high "





Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

David Skarica Gold to Rise Dollar to weaken

David Skarica is a Gold stock adviser is bullish on the Gold "with the US printing as much money as it is and Europe trying to resolve its debt crisis , the flee is to gold " says David Scarica " and I think this shown since the euro crisis begun to boil up again in June with the downgraded debt ib Greece and what not " what we are seeing is a rush to gold because of the debt problems in both the US and Europe , Gold will continue to be a benefactor of that




Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Bob Chapman - National Intel Report John Stadtmiller . Roundtable Noel Bennett - 2011.07.19

John Stadtmiller July 19 2011 Roundtable Bob Chapman Noel Bennett-Commercial Free

Weekly honest open discussion round-table about the behind the scenes
happenings in the financial world. Some say this is the best two hours
in radio. Robby Noel and Jeff Bennett,and above all Bob Chapman of the International forecaster


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