Gold: Still The Answer To Slowing Stimulus By Governments

Yamana Gold (TSE:YRI), Barrick Gold Corp. (TSE:ABX), Goldcorp (TSE:G) All Down

Yamana Gold, Barrick Gold Corp., Goldcorp

Yamana Gold (TSE:YRI), Barrick Gold Corp. (TSE:ABX), Goldcorp (TSE:G) were all down today as they helped lead a pullback in gold prices after nice gains earlier in the session for gold futures.

Some believe this is over the concerns that governments are removing stimulus measures which have been helping artificially prop up the markets.

As far as gold goes, this really doesn't have much if any effect on gold mining companies, but it's part of the pychology of investing, as we all know.

Yamana Gold, Barrick Gold Corp., Goldcorp