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Value market in gold will work for patient investors: Jocelyn August

Even in a depressed gold market, knowing your catalysts in mining stocks is indispensable and is still the fundamental yardstick for buy-sell decisions. Jocelyn August understands the impact that events can have on your portfolio.

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Spain Denies Bailout Story, Gartman Says "Everyone Needs to Own Gold"

SPOT MARKET gold prices rallied to $1781 per ounce ahead of Wednesday's US session, recovering from slight losses earlier in the day to stay in line with recent trading, while stock markets were broadly flat and the Euro reversed earlier gains, as analysts speculated on when and whether Spain will request a bailout.

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