Gold Resists a Raid, Silver Holds Place, Northeast Prepares For Snow

Gold was hit early on in a general 'stocks are good, gold is bad' move that fizzled into the late afternoon. Despite all the misinformation to the contrary, gold is still a safe haven asset. Silver held its ground. There was intraday commentary on the increasingly 'insubstantial' nature of the NY gold trade, and the relative robust purchasing of physical gold in Asia. You may scroll down to see it.

First published here: Gold Resists a Raid, Silver Holds Place, Northeast Prepares For Snow