Skip to content
Has gold peaked or does the real move in gold lie ahead?
*Dow Theory Letters, by Richard Russell, December 6, 2012
”Gold has acted bullishly. On its very recent decline below 1700, gold had every opportunity to plunge lower. But it never happened. Today gold closed up 8.00 to 1701.80, which I thought was a terrific close – back above 1700 again! And this with the dollar higher! I’ve just added to my gold position. The real move in gold lies ahead.”
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.