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Gold Rebounds With Euro

b0b_c Wrote: Nov 01, 2012 8:43 PM
Mike Huckabee lied about Obama growing up in Kenya. Is he a Christian? http://www.youtube.com/watch?v=ZIwhvs9yI1M Does the Huckster place the Republican party above God?
b0b_c Wrote: Nov 01, 2012 8:43 PM
Thou shalt not bear false witness against they neighbor!!! Another commandment forgotten by the GOP!
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European equities and currency continued higher in overnight trading, putting gold on positive footing as trading struggles to resume in the U.S. on Wednesday.

Gold started out up $9.49 early to $1,720.29 and silver was up $0.35 to $32.21, lowering the silver/gold ratio to 53.4. 

In some ways it was inevitable gold would recover as it stubbornly clung to prices over $1,700 an ounce when the dollar was making big gains against the euro almost daily.  Still, the long-term picture for gold didn’t change much.  Both Europe and U.S. are stuck in a QE to infinity...

Related Tags: Euro