Learn How NOT to Invest in Gold From Day Traders, Financial Analysts and the Financial Media
June 5, 2007 - Over the past six months, the gold bears have been out in full force, especially given the latest downturn in Gold this past May. Several months back, Timothy Middleton on MSN Money stated, “Is the party over? For gold, my bet is that it is. The party ended a week ago yesterday. Having reached a 25-year high price of more than $570 an ounce that Monday, the price of gold bullion began a two-day, 5% tumble that left gold at $544. Toward the end of the week the price was rebounding, but not to its peak level.” About a year ago, the India Times reported, “ Interestingly, gold is in a major bear market since May of this year. Read more …
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