24.11.2015 - Will Gold Price Drop Below $1000 Soon?
The answer to the gold question is a resounding YES! All indications point to another leg lower for gold into around December 2nd to just below $1000 an ounce (targeting around $975 ). The correlation between the precious metals and the stock market is important at this juncture, as everything looks to be lining up for a commodity lead drop (think especially the oil sector) that will affect more economic sectors. This could lead to a rise in volatility ahead as we see a rotation out of dollar sensitive sectors and into others that will benefit more from a stronger dollar...............................................Full Article: Source
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