Erick Schonfeld submits:
“One defends when his strength is inadequate, he attacks when it is abundant.”—Sun Tzu, The Art of War
Gold Down, Dollars Up
February - 4 - 2010
Market Blog submits:
By David Berman
Gold on Thursday was making the pummelled North American stock market look almost stable by comparison. Gold fell to $1063.45 (U.S.) an ounce, down a whopping $46.35, or 4.2%. To find a bigger dollar or percentage loss, you would have to go back more than a year, to Dec. 1, 2008, when gold fell 6% in a single session.