Re: Gold down in one trade..in all fairness

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statesidereport

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Re: Gold down in one trade..in all fairness

in response to

Re: Gold down in one trade..in all fairness

MajorD

posted on Aug 24, 2009 02:44PM

"And OIL and the DOW and the EURO were hit at the same time"

News hit the wires at that time (from Bloomberg) that the President of Sun Trust (big US Bank) said there were still more bad loans on banks books (really....no way) and that commercial loan losses would escalate into 2010.

So what do they do? Sell gold...what else.

stateside

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