Did Gold Just Top?

{ Posted on Dec 05 2009 by Jordan }
After November’s employment report, gold dove nearly 5% on better than expected employment numbers. With only 11,000 jobs lost and the unemployment rate dipping from 10.2% to 10%, investors figured that an improving economy would force the Federal Reserve to increase interest rates, fighting off inflation. Trader Psychology Gold’s dip of nearly 5% is [...]

Post a Comment