*Congress could shelve vote on bill. BRASILIA, May 23- Brazil's government plans to submit its mining reform bill to Congress in June rather than this month, energy minister Edison Lobao said on Thursday, prolonging a wait that is slowing investment in mineral extraction.
Gold currently sits at it's lowest levels since July and is down over 10% so far this month. Sharing insight into the complications behind supply and demand for the precious metal, with Malcolm Gissen, Malcolm H. Gissen & Associates, and Frank McGhee, Integrated Brokerage Services.
Discussing today's trading action and advice for investors, with michael Shea, Direct Access Partners; Tom Reilly, SCS Commodities; and John Brady, R.J. O'Brien.
Molycorp shares are hurting today since JPMorgan lowered their rating on the mining company saying China's new export quota for 2012 will have a negative impact on rare earth prices, with Michael Gambardella, JPMorgan analyst.
In 2011, Gold has hit a low of $1,307 in late January and reached a nominal high of $1,923 in early September. Discussing what is ahead for the precious metal in the new year, with Sterling Smith, Country Hedging and Jeffrey Christian, CPM Group.
Gold prices have dipped to a one-week low today. Dennis Gartman, The Gartman Letter shares perspective, with, "I think you're better off being long with the equities market than being long with gold."
The Fast Money traders with the trade on Red Hat. Also, the play on gold, with Dennis Gartman, The Gartman Letter, who says he remains neutral on the precious metal. And the trade on Sprint and whether it was worth it for AT&T to take the hit.
Jonathan Barratt, Managing Director at Commodity Broking Services talks about why there have been sharp falls in gold even though there are still buyers.