Take physic, pomp

spot gold U$1,080, December gold futures $1,064

Somebody has just decided that they very want to very own very gold very now.

UPDATE, few minutes later: Futures now playing catchup
but note that the dollar is up against world currencies today, too.

A mailer notes that the news from Barrick yesterday about wanting to accelerate their hedge book covering policy may have something to do with it. WTFDIK?, anyway?

Leave a Reply

Your email address will not be published. Required fields are marked *

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.