Even if gold continues to go up, it's not such a bad idea to take some profits at this point...it's just prudent investing.
The camera may never lie but, depending on one's creativity, photoshop can probably create very good "lies".
CURRENTLY: In Asian markets for Monday, June 28 GOLD: $1,258 Silver: $19.23 Platinum: $1585 Palladium: $483 Prices reacting to G20 in Toronto?
PMs trade at what they trades at. What you or anyone else thinks it should trade at matters not. If it did, then let it trade a billion an ounce today, 10 billion tomorrow, 100 billion the next... CURRENTLY: GOLD: $1,257.60 Silver: $19.20 Platinum: $1589 Palladium: $484
So far so good, momentum carrying over from Friday. Tomorrow when the US markets open, we'll see if it continues. I think there's suppose to be a jobs report this coming Friday.
Private payrolls on the rebound, economists say 'But layoffs at Census Bureau expected to lead to big job loss in June' "Don't be fooled this Friday when the government reports a big decline in U.S. nonfarm payrolls for June. It isn't really as grim as it'll look." from MarketWatch.com 6/27/2010
Yep. There is supposed to be a jobs report coming out this coming Friday (July 2, 2010). It is supposedly a "make or break" jobs report that is coming out this Friday. We will see what happens on Friday (July 2).
LOL what? Did the roles just reverse? Economists have been saying the gov't numbers aren't accurate and it's worse than they report. Now the gov't is supposedly reporting accurate data and it's not as bad now as they report? WHAT!!?
Welcome to the bizarro world of economist spinning the gov't numbers. :goofer: I am skeptical of all gov't numbers.
It just seems silly that anyone would try to defend our goobermint at this point..... Logically the numbers should be slowing down, there's barely any jobs out there!!!
CURRENTLY: In EU/UK markets... GOLD: $1,257.70 Silver: $19.14 Platinum: $1591 Palladium: $487 US market opens in about an hour and forty minutes...
CURRENTLY: In EU/UK markets... GOLD: $1,257.50 Silver: $19.12 Platinum: $1589 Palladium: $487 US market opens in about fifty minutes...