Posted by on Aug 25, 2013 in Knowledge Center | 0 comments

September 13, 2013 Hong Kong Financial circles in Hong Kong are buzzing today on the new Goldman Sachs projection that gold may drop below $ 1,000 an ounce. And in merely suggesting such a death sentence for the metal, Goldman’s pronouncement pushed the paper price of gold contracts down $ 20+. Many technical indicators underscore Goldman’s views. There’s very little floor for gold prices below $ 1,200, signaling that gold could gap down quickly. Conventional wisdom is also... Read More