6.18.13 -- Gold prices hit four-week low Tuesday as traders await Fed meeting. U.S. stocks jump on Fed optimism, U.S. dollar higher. Gold last traded at $1,367 an ounce. Silver last traded at $21.61 an ounce. Potential New Crisis Heading Our Way?
By James M. Carrillo, 5.15.13--On March 1st I suggested
that gold had broken its all too sharp long term angle of ascent and
would pull back to its more sustainable long term trend line on a
technical basis. Today I believe gold is now nearing bargain basement
levels that offer an immense opportunity.
Gold Near Bargain Basement Levels
| Gold | $1372.22 |
| Silver | $21.72 |
| Platinum | $1435.50 |
