Let's talk about gold and silver

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Lemonyellowschwin's picture
Lemonyellowschwin
Status: Platinum Member (Offline)
Joined: Apr 22 2008
Posts: 547
Let's talk about gold and silver

Right after the Fed announcment, Silver dropped to $24.  24 hours later, it's at $26.25, an amazing gain of nearly 10% in 24 hours.

Right after the Fed announcement, Gold dropped to below $1330.  24 hours later, it's above $1390, an amazing gain of 5% in 24 hours.

Why the whipsaw reversal, and what does this portend in coming days and weeks?

 

jumblies's picture
jumblies
Status: Silver Member (Offline)
Joined: Jun 13 2010
Posts: 244
Re: Let's talk about gold and silver

I asked a similar question here so follow that thread for replies

 

rajesh's picture
rajesh
Status: Member (Offline)
Joined: Nov 16 2010
Posts: 1
Re: Let's talk about gold and silver

what about gold rate?

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