Time for good gold pickings

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Gold Investing News reports gold prices fell slightly with the huge US stimulus package. Gold fell for a third straight day after US policy makers reassured investors that the economy would recover from the recession. “People have been buying gold on economic Armageddon, so to see Obama and Bernanke paint a rosier picture, I’m not …

Gold Investing News reports gold prices fell slightly with the huge US stimulus package.

Gold fell for a third straight day after US policy makers reassured investors that the economy would recover from the recession. “People have been buying gold on economic Armageddon, so to see Obama and Bernanke paint a rosier picture, I’m not surprised to see gold come down a little bit,” said Matt Zeman, a metals trader at LaSalle Futures Group Inc. in Chicago.

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