Gold Drops $14.70 an Ounce
April gold futures dropped $14.70 an ounce today. At one point, gold was down over $23 an ounce.
This is good news that money is leaving gold and going into stocks.
Posted by Eddy Elfenbein on February 28th, 2007 at 2:31 pm
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His