Gold reached a high
of $1,199.30 this morning on the December contract and reached $1,200.50 on the
February contract. Silver reached as
high as $18.88 an ounce. In the first
half-hour of trading, gold is up $12 and silver up $.29, while the U.S. dollar
is down 44 basis points at 74.44 on the dollar index. Oil is up $1.22 and the Dow is up 110 points. This is a dollar story today and as the
dollar falls back, gold and other assets that benefit from a we…
Original Post By Google News by Joe Battaglia
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