Gold bullion makes it eight in a row – what next?
Prieur du Plessis (November 12th, 2009) Writes:
I have just arrived in Geneva after an exhausting but hugely successful few days in Ljubljana, quaint capital of Slovenia. It is rather difficult to write proper posts while on the road, but I will do my best to feed interesting snippets through - that is when not investigating how the gnomes see the future of Swiss banking.
Gold hit a new peak after a drop in the US dollar to a 15-month trough, resulting in the precious metal recording an eight-day winning streak. According to Bespoke, the current run represents the seventh time since 1980 that gold has had a streak of eight or more consecutive days with a gain. The report said: “As shown below, the only time one of these streaks went for more than eight days was back in 1982 when the ninth day was also positive (on the tenth day it fell 5.7%, or
...Adam Hewison, Banking, Eurozone, Geneva, Germany, ino.com, Investing Lessons, investment postcards, Japan, Ljubljana, Market Commentary, precious metal, Slovenia, United Kingdom, United States, USD


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