2 steps forward 2 backNice rally in August Gold today, hit $2.355 at one point. As soon as IAU got some bids sellers through Morgan Stanley house #53 slowed it down with others.
Now we can blame the lack of volume in this sector on the summer doldrums, but before summer what was the indifference to Gold stocks ?
Well at least that $130 million can be switched around in currencies and maybe they'll double it playing FX.