Gold started a rally earlier but just got spanked below the 20 dma. Frankly, the only reason to buy gold now would be if you believe Feds will signal an end to hikes. That could be inflationary in the eyes of some. Other than that, commodities are being sold on rallies, so be careful.
This entry was posted
on Tuesday, June 27, 2006 at 10:23 AM.
