June 11, 2009: Gold outlook
This AM’s Kitco chart shows gold dropping. Do any of you "wise men" out there have any insight as to when a good buy sign is? (Wait, that’s terrible grammar!)
I remember reading some weeks ago that one of the CM’ers had 920 as a buy. Do you think it’s going to drop that low, or is the current spot at about 945 or so a good buy? Kitco has a gold forum that I’ve looked into, but it’s way too technical for my understanding.
I’d love to hear your thoughts on this.