Bill Bonner: This Gold Bug Ain’t for Turning!
Friday, April 19, 2013 7:34
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by Ed Steer
Ed Steer’s Gold & Silver Daily
Yesterday In Gold & Silver
After getting blasted by about forty bucks at 9:00 a.m. Hong Kong time, gold spent the rest of the Thursday Far East and London trading sessions recovering from that engineered price decline. This choppy rally ended at the Comex open in New York yesterday morning, just as it was about to break through $1,400 spot for the third day in a row.
The gold price sold off until shortly after the equity market opened in North America…and then made another attempt to rally through the $1,400 price level…meeting the same fate that it did at the Comex open. From there it didn’t do much into the close of electronic trading.
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2013-04-19 06:30:16
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