Sandstorm Gold Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Sandstorm Gold

SAND 12.12

0.0%

Oct 24 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: canucklehead80	12/10/2012 10:23:23 PM
	of 1133

Auguries - December 7, 2012 The Homer Simpson Plan Kevin Michael Grace Gold was down (at press time) $27.20 (-1.6%) for the week to $1,700.10, and silver was down $1.24 (-3.6%) to $33.07. Bloomberg attributed the loss December 4 to the “stalemate in US budget talks [which] drove commodities down.” According to Bark Melek of TD Securities, “Gold is being sold along with just about everything else in commodities with the worries on the fiscal cliff.” GoldCore noted December 6, “Physical buying of gold bullion has increased on the dip”—more on that below. We are all cursed with economic Alzheimer’s these days, and so few will remember that not 18 months ago, similar negotiations in Washington were regarded universally as similarly cataclysmic. At that time, the politicians decided they would postpone Götterdämmerung until the end of 2012. One can hardly expect a much different resolution this time around. Read the rest of this article about gold prices here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next