This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

Those eye bulges you experienced over the past week while stopping to glance at the price of bullion are a market-wide phenomenon -- nobody has an accurate read about what to expect. New York spot gold, $2,750 an ounce a year ago but on the rise, went ballistic over the past week. It topped $5,600 an ounce early yesterday then shed $300 by the end of the day. That was nothing: Today, bullion crashed below the $4,700 mark, then closed at the end of the day down $489.60 to $4,889.40. And so, the only predictions one should count on are those predicting the topsy-turvy pattern will continue.

The TSX Venture Exchange, which hit a 13-year high of 1,172 points Wednesday, crumbled another 57.21 points to 1,051.08 today. That was nothing: The TSX gold index, 1,066 early yesterday, crashed 119.41 points to 894.80 today, with Aya Gold & Silver Inc. (AYA) slumping $3.42 to $22.10 on 7.84 million shares and Starcore International Mines Ltd. (SAM) flopping 21 cents to $1.17 on 2.7 million shares.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS