By: Commodity HQ
July 01, 2013 at 09:00 AM EDT
Why Gold Is Nearing Its Bottom
The hits just keep coming for gold. As markets finally calmed after Bernanke’s announcement of imminent tapering from the Fed , gold continues to get slaughtered. With many predicting the metal to eventually lose its grip on the quadruple digit levels, investors are trying to properly time the bottom. The problem is, a number of gold’s movements have seemed to defy all logic with harsh sell-offs coming off of little fundamental news or changes; emotional trading has taken hold [for more gold news and analysis subscribe to our free newsletter ]. See the full story here → Related Posts: Investing In Gold: The Definitive Guide 3 Countries With The Largest Gold Reserves The Ultimate Guide To Gold Investing Battle Metals vs. Miners: Gold Edition 2012 A Deeper Look at South Africa’s Commodity Industry
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