02.11.2011 - Gold could be poised for a big move
The Greek referendum decision has thrown financial markets back into turmoil and not uncharacteristically gold initially stoically stood its ground and pondered - rarely shaken by sudden news as it is. Another interpretation is that gold has some large and powerful forces acting upon it which are presently cancelling each other out. Those forces are phenomenal flows of investment money into gold reflected by a surge in demand for ETFs and physical bars on the one hand - and the negative impact on gold from a stronger dollar (the corollary to a weaker Euro on the freshly announced Greek referendum). ..............................................Full Article: Source
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