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Sep 11th 2006
Gold Sinks Below $600
Tags: E gold, Gold.It isnt a good day for all, watching gold tricklin down is pretty demoralising, but take note, gold prices are pretty volatile these days so it might go both ways as well.
Sources like kitco.com should keep you pretty updated on how the industry is doing.
And on the other note, when things like that happens, everyone should be wary when are upgrading or involved in any HYIs presently at the moment.
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Maybe it’s time to consider D-Carat as an alternative e-currency using diamonds. I think gold will drop until 560-570 before it goes up again.
Diamonds, I’ve actually read it somewhere that its not really very liquidable as compared to precious metals.
I’d agree it might take some time before Gold rushes back again. guh, bad timing.
if analyze from previous years, the significant drop is always on september.
Thanks for the update ieie