Post by
1marketmaker on May 23, 2011 5:05pm
The week ahead
Should be interesting this week. The US dollar is slightly gaining ground, and yet gold held its drop to $1380 and climbed over $1400 again. This is very bullish for gold in terms of other currencies which are driving Severstal's outlook in its Nord Gold division. I suspect that we here with HRG will rise this week and each of the next 3 on our way to mid-June for the release of the Q numbers.
Comment by
peego on May 23, 2011 5:27pm
You mean held its drop to 1480, and is now over 1500. =)I thought we went back a month or so when I read your post. hehe...