Gold Trades Below $1,200

Posted by Drew Zimmerman

Share on Facebook

Tweet on Twitter

Gold traded below $1,200 this morning for the first time June 28th. Gold is currently trading at $1,198. If we close at these levels, this would mark the lowest daily close since August 5th 2010!

The US Dollar and US stocks are trading higher after the Fed announcement to start the “taper” at 10B per month.

Drew Zimmerman

Investment & Commodities/Futures Advisor

604-664-2842 – Direct

604 664 2900 – Main

604 664 2666 – Fax

800 810 7022 – Toll Free

dzimmerman@pifinancial.com

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.