via BNN.ca. - Doug Pollit

Doug Pollit discusses the gold mining industry, which looks to favour GBN.V Resources.

http://capi.9c9media.com/destinations/bnn_web/platforms/mobileweb/collections/273/contents/554406/contentPackages/580338/manifest.m3u8

$Gold Daily

Gold price overstretched to the downside on low volatility:

http://scharts.co/1FA3uzs

On March 4, The Bank Of Canada will make a policy statement, which I believe will consist of another rate cut. A lot has fallen into place on the oil price decline, along with a major drop of copper prices. Gold prices have remained stable at these levels. The housing bubble is in a rout, at least in western Canada. It took an agonizingly long time for oil to bite the dust, and to prove that gold has a relationship with forex.

Spread trades for gold futures contracts remains steady, and ready to narrow further:

http://quotes.ino.com/charting/index.html?s=NYMEX_GC.J15_Z20.E&v=dmax&t=l&a=0&w=1

The one surprise has been gold's declining volatility.

- F6