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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: are we reaching a short term top everything looks overbought?

are we reaching a short term top everything looks overbought?

posted on Nov 25, 2009 01:28PM

From stock market update on scottrade:

Renewed pressure against the greenback has sent the Dollar Index to a fresh 52-week low. The dollar is currently off by 0.8% against a basket of major foreign currencies. Gold has been a primary driver behind the sector's advance. With the dollar down, participants have chased the yellow metal to a new record of $1186.80 per ounce.

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