Archive for July 31st, 2009

07/31/2009 - Listen to today’s discussion of events shaping our economy, the precious metals and rare coin markets and your investments.

Original Post By Google News Click Here For The Entire Article

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Gold is up nearly
$6 in early trading, while silver has barely moved gaining only $.02 in early
trading.  Gold is reacting to a softer
dollar, down 20 basis points at 79.10 and firmer oil, up $.16 at $67.09 a
barrel.  However, the gain in gold is
greater than one might have expected given those factors.  Therefore, I suspect we are seeing end of
the week book squaring where investors who had sold positions bought them back
on the dip and other dip-buying coming…

Original Post By Google News by Joe Battaglia

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