Gold crashes up as consumer confidence divesPosted: August 30, 2011
Gold is back to it winning way today as the consumer confidence came in very weak at 44.5% about 18% lower than expected. Americans feel most disappointed in history in 2011 since consumer confidence number started being tabulated.
GLD is currently at 178.06, up 4.16 and SLV is at 40.42, up 0.72. My go to precious metals stocks are doing well, with RGLD up 2.1%, RIC up 8%, EXK up 3.1%.