Archive for February 2nd, 2009

Gold is lower this
morning on profit taking and in reaction somewhat to a strong dollar.  The dollar is up 28 basis points at
86.28.  Oil is a negative influence down
$1.20 at $40.50 a barrel.  The equity
market is lower also with the Dow down 79 points at 79.21.  The month of January was the worst month on
record for the Dow as it posted the biggest loss ever.  In 7 out of the last 10 months, the month of
February has also been a poor month for the eq…

Original Post By Google News by Joe Battaglia

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