Gold and Silver

Jroy Posts: 3

August 2008 in Precious Metals

What would cause prices to be down so much in the early hours of GMT? http://www.thebulliondesk.com/

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Comments

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  jdimmick Posts: 1

  August 2008

  I dont know but is going down like a boat anchor!!

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  DustyCoinbox Posts: 1

  August 2008

  Bulls are waking up to the possibility that central banks may raise interest rates to curb inflation, which would adversely impact gold/silver demand.

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  AUandAG Posts: 1

  August 2008

  Morning prices are almost always off. Only go on closing prices for trends. May open way low and be
  seen as a buying opporturnity and thus rise during the day. We'll see.
  bob

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  Jroy Posts: 3

  August 2008

  Yeah, I have just never seen it drop so fast in the early morning.

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  Jroy Posts: 3

  August 2008

  Down $1.50 in pre market?

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