Gold prices AG,GBX,GGC,MEG,MOD

5:51 AM

Unknown

Gold Juniors Poised for Historic Bull Run

gold in world currency terms, gold still has another 5% up to go in USD terms to reach the European highs of the year (taking into account the relative currency valuation changes). At that point Phil thought that gold might form a double top. Since we also have the USD carry trade which may turn around soon, this seems like a probably valid scenario. If the USD carry trade reverses, it should push gold prices down in USD terms. READ MORE

GoInvest Answers

Investors locked in profits on Akeena Solar (NYSE: AKNS), which soared yesterday after the company announced that it will solar panels that consumers can install themselves. Care Investment Trust (NYSE: CRE) announced that liquidating the company would be the best way to return value to shareholders. READ MORE