| The hurricane had a small effect for a short time. What is driving the price of gold back down is the global economy. When the dollar is strong, the gold price goes down. The dollar is crap, but the other currencies around the globe are worse at the moment. In essence this makes the dollar look good thus drives down the price of precious metals. It may rise for a week, but it will fall again. Insiders I know say it should be around $600 by Christmas. |