RE: News: Rockland Exploration Updatefrom kitco, junior gold explorers like RL could have a really good fall if this keeps up!
Gold has been shooting up this week, hitting onerecord high after another, hovering around $1600. Recently, it sold offon signs a debt-ceiling deal may soon be reached. Nevertheless, goldremains super strong.
This U.S. debt standoff has been dominating themarkets, along with almost daily ups and downs in the Eurozone’s debtcrisis. That’s especially affected the precious metals markets.
ALL ABOUT SAFETY
The flight to safety has been the primary market moverand this is unlikely to change in the weeks or months ahead. Sure,there will be short-term ups and downs based on news of the day. Butthe safety issue is key and it’s going to continue. https://www.kitco.com/ind/Aden/aden_jul262011.html