Take a look at the following if you are like me and like to laugh for a while at the spinning games:

http://www.kitco.com/reports/debbie_july62010_focus.html

Just how many quarters does one have to go back to have profit taking from gold.

It hit a low of $1188 today.

It is almost always profit taking when price goes down. How about profit taking on upward spikes? Well, that too. Never ends, blame profit taking instead of real reasons.

Sorry for the rant, but I came from a country that was under communism at that time and had more than my share of propaganda. Did not expect same from a 'Capitalist' country using same tactics on it's own citizens.

I still visit often even if I do not post, Ed.