Posts by "charles"

Ashraf, saw you at a seminar at bloomberg last wednesday and now I'm very interested in understanding what is happening with gold. I've been monitoring the market and observing volatility last couple of days - drop to sub $900 and rapid increase today to around $916. Why is this happening. More to the point, there was a sudden spike in Gold today between 12pm and 1pm where it gained almost $20 in an hour. What caused this; surely such a decisive movement cannot be unrelated to specific news or an event!?