RE: Golds drop to 1161gold is hovering at 1165 or so and going up
----------Original Message Posted 11/27/2009 6:33:52 AM----------
Not really a drop considering we were trading there a couple of days ago . this drop was to be expected as we slowly move back up . the markets or gold companies never really never really had a chance to price into a higher valuation of 1190 gold as the pull back was expected and good for gold. Co may have a very modest correction like possibly 2 cents , thats my 2 cents worth then right back to a normal up swing. Foreign banks continue to buy gold as China becomes the next big purchaser .