Gold and silver
posted aggressive gains this morning with gold up $26 and silver up $.56. Both of these markets were higher overnight
and eased back a little on some early profit taking. The up move in metals is largely due to an 84 basis point drop in
the dollar to 83.59. Oil is also
benefiting from the weaker dollar, up $1.15 at $36.55. Mitsui Brokerage forecast gold will reach a
high of $1,105 this year. It has a
rather extreme spread between t…
Original Post By Google News by Joe Battaglia
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