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Wednesday, February 2, 2011
Gold This Morning --Jonathan
Assuming that anyone out there still reading this screed must have the forgiving qualities of say a long suffering NY Mets groupie I'll start with the wearisome facts this morning...wobbly volume...open interest in ~15,000 contracts...GSR ~47.20...option vols headed south...RSI collapsing onto a leaky waterbed...get the picture? Good, so carry on and remember that we never are short a dull market particularly one full of mostly meaningless rhetoric. Just keep in mind that February...as well as January, March, April, May, June, July, August, September, October, November, and December... has in recent years been a volatile month for the price of gold. http://www.biiwii.blogspot.com