How Not to Get All Shook Up by Volatility
May 8th, 2008 | By Lynn Carpenter | Category: Stock Market InvestingIt’s volatility again, part two of a subject you probably didn’t realize you’d be dying to know so much about.
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It’s volatility again, part two of a subject you probably didn’t realize you’d be dying to know so much about.
The current “battle” in the gold market is around the $900 level, a fairly steep retrenchment from the recent highs of $1,011.
Gold starts to rally as dollar profit-taking kicks in. All eyes on the euro over the next couple of months. Do you want in on this? Now’s your chance. Watch out for Peak Finance!
Barely a comment on gold passes these days without reference to “investors”. A typical example of this was the comment of the prime gurus on the market research group GFMS in its latest survey just a couple of days ago. Since its analysts provide the data for the World Gold Council, it’s good to be up with their thinking.
Unemployment report came out and there was a big drop of 80,000 jobs for the month. This was more than analysts expected. Plus, the unemployment rate jumped to 5.1%.