2633 days ago
In this week's Palisadce Capital potcast Peter Spina explains the recent market action and how gold stocks have historically lead the spot price. There is considerable support near $1100, and long term resistance at $1275. This level may well translate into resistance to the upside, once through it though, expect $1475 to $1500. He is seeing growing Wall Street and Chinese speculation in the market, there seems to be a general rush for gold.
