Gold Falls for Third Day in New York Before Fed Decision – Bloomberg 06-21-12

Salient to Investors:

Standard & Poor’s GSCI Spot Index down 22 percent from 2012 highest close, entering a bear market.

James Steel HSBC Securities (USA) said near-term momentum may take prices lower, but it would create a buying opportunity.

Read the full article at http://www.bloomberg.com/news/2012-06-20/gold-set-to-rebound-on-expectation-fed-will-stimulate-economy.html