Thursday, June 27, 2013

Gold Breaks Below $1200

From the moment Bernanke spoke, Gold and Silver began to accelerate to the downside. Gold legged lower into the NYMEX pit close and faded further in search of the $1200 round number (trading at $1199.90). Down around 12% from the FOMC (gold is now -38% from its highs in 2011).

http://www.zerohedge.com/news/2013-06-27/gold-breaks-below-1200

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