The Ignorant Investor
Ignorance Can't Stand in the Way of My OpinionWednesday, May 24, 2006
Putting the Recent Gold Drop in Perspective
As of this morning, gold is taking another hit. Down a little over 2%. I don't know if that's because the drop in durable goods orders sent a signal to investors of less inflation or what, but a little perspective is necessary. Even at this morning's lower price, gold is still up about 5% just in the past month. Up about 22% since the New Year.
I don't know what this means for the future. I just thought it was worth noting.
I don't know what this means for the future. I just thought it was worth noting.
posted by Worker 17 # 10:29 AM 
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