Gold tumbles below $900 an ounce Tuesday
Wall Street ended the day up more than 279 points, while the TSX climbed as energy stocks and the financial sector powered higher.
Wall Street sank Wednesday on employment and profit worries, while Toronto stocks skidded on an oil-price slide.
Today’s top poster, Bullboard, and Blog
Stockhouse members weigh in on the metal’s climb.
Stockhouse members have their say as we feature today’s Top Poster, Bullboard, and Blog, and recognize noteworthy contributions from our community.
Some talk of raising interest rates in 2nd 1/2 of this year. Gold to $1000 this time, no $1800 floor.
Yup, Gold only up $65 bucks in the past month. I wonder how much of the large uptick in the gold stocks can be attributed to contined...
S&P down big today, so could have boosted gold. Friday's employment no's were bullish, but after 2 days usually there's a bit of a pull...
For pure gold plays. 3x leveraged. If you think gold will drop to 500, but don't think the miners will tank, that's the way to play.
Seems like gold miners either long or short may not be making huge moves for next while, maybe until tapering actually occurs, or some...