QUOTE(benedict1213 @ Aug 19 2011, 07:28 PM)
is that healthy for GOLD surge from July 2011 (USD1487) until now with no correction at all...
It does endure few minors correction.
I think the surge of gold currently is healthy if you look at it`s fundamental :
i) U.S debt ceiling resolution & downgraded.
ii) The diminshed of EU .
iii) Rise of inflation in China.
iv) Others (bla,bla,bla..)
At 1st half of 2011, most of the fundamentals are weak and don`t carry much weightings such as :
i) U.S job data & unemployment report
ii) Most of the fundamental is mainly about EU debt.
iii) Others (bla,bla,bla..)