The Phaserl


The Social Gold Mine

by Jan Skoyles,

So at the start of the day the gold price was looking pretty strong, and then the markets got nervous over Bernanke’s testimony. Will the price of gold ever break through $1,300? Not for a while thinks the brilliant Ed Steer.

Hal (@gold_tracker) – the lines in the sand…at least for the moment…are $1,300 in #gold and $20 in #silver – Ed Steer

As alluded to above, Bernanke has been chatting away today, much to the detriment of gold. So whilst the markets fall for his apparent ability to predict the future, @KoosJansen brings us all back down to earth with some key figures.

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