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Here We Go Again: Gold Ahead Of Jackson Hole

From kitco.com

Well it’s good to be back! I joked on my Twitter feed that I could not possibly have chosen a worse week to go away on vacation – with gold breaking through $1,500 an ounce. And here we are this Friday – after now three-straight weeks of gains, gold is taking a little breather. Some technicians I spoke to this week said not to be surprised if gold fell to $1,483- $1503 an ounce. So are cracks starting to appear in gold's bullish veneer? Editor Neils Christenen raises this very question in his weekly survey. He wrote, “Although sentiment, especially among Wall Street analysts, remains clearly bullish, caution ... (full story)

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  • Category: Fundamental Analysis