John Hathaway: This Financial System is Now in its Final Stages
by Ed Steer
Ed Steer’s Gold & Silver Daily
Yesterday in Gold and Silver
Once again the gold price didn’t do much of anything during the Far East trading session on Monday…and the Far East ‘high’ came just before 4:00 p.m. Hong Kong time…which was shortly before London opened for trading at 8:00 a.m. BST yesterday morning.
From there, gold got sold off all through the early London trading session…and then got hit for a few more dollars about ten minutes after the Comex open in New York.
That proved to be the low of the day…$1,609.00 spot…and gold rallied from there, but developed a few more legs starting at 11:00 a.m. Eastern, which also happened to be the close of London trading. Most of the significant gains were in by 11:30 a.m….and from there, gold mostly traded sideways into the close.
Continue Reading at CaseyResearch.com…
2012-08-21 06:24:49
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