Talk is Cheap

Interpretations originating from short-term 'talk' are often misleading. This point is not missed by the paper operators. That's why talk is cheap and (following the) money is dear.

Headline: Gold Loses Safe-Haven Appeal

Spot gold prices were suffering Thursday on lackluster physical buying as gold's appeal as a safe haven deteriorated.

Gold for February delivery was adding 10 cents to $1,333.10 an ounce at the Comex division of the New York Mercantile Exchange. But the futures market wasn't where gold was getting killed. The spot gold price was sinking more than $10, according to Kitco's gold index. The gold price on the Comex was still stuck in a tight range trading as high as $1,347.50 and as low as $1,330.30.

Source: finance.yahoo.com