Historic $100 bounce in the gold price, gold as money « Peter J. Cooper’s ...

"What are we to make of the more than $100 gains in the gold price within the past 24 hours? It is certainly a historic day with the biggest movements in precious metals ever seen. But as US President Ronald Regan once commented: ‘You ain’t seen nothing yet!’"

Answering the gold (and silver) price conundrum « Peter J. Cooper’s Weblog

"I am absolutely convinced that the answer to the gold and silver price conundrum is that the market this week is seeing liquidation of commodities by funds that urgently need cash for other reasons, such as margin calls, which is being balanced by physical buying of gold and...