TSXV:SLX.P - Post by User
Post by
Baer1on Jul 27, 2011 5:00pm
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Post# 18880408
interesting quote
interesting quoteAs noted above, today was the day that markets started freaking out about the debt ceiling. If it were just matter of stocks falling, that would be one thing, but there are clear signs that the short-end of the yield curve is starting to take notice in a bad way. Yields are still ultra-low, but they're not 0% either. That's notable. People are looking for other vehicles for their cash. Gold started out really hot, but faded.
Read more: https://www.businessinsider.com/closing-bell-july-27-2011-7#ixzz1TLEtbeUh
Now THAT is an interesting turn of the screw! Silver down as well, slightly (40.28) from a high over 42 on HKME this am. Not sure what it implies, but with all the freaking out, gold should have gone ballistic.