Did Gold Really DROP??

Technically - yes. But actually - no.

This morning the GOLD once again, took off as the market opened but as the closing bell rang -GOLD dropped. On Friday the GOLD closed at $1150.90 and today it closed after some sporadic raising and dropping at $1159.30.

What does all this mean?

More speculation.

You can google any article about the GOLD market and 99% will tell you that as the dollar weakens the GOLD goes up and visa versa - when the dollar is strong, GOLD is low. Makes sense? Not really. But once again we are entering another bubble, this one just happens to be the GOLD BUBBLE.

Its sort of a catch 22.
Do we want GOLD to stay high? Of course. Alot of people are cashing in and making a few dollars for items that just sat in their junk drawer but on the flip side, we all want our economy to turn around.

So it comes down to what you feel comfortable with. IF you don't want your old GOLD anymore then why not sell it and put that money to use? I know selling my Gold helped me. Will I regret it? Probably not - I could not even tell you what I sold but I know what I did with the money I got.

Ready to Host a Party???