In response to:

Tough Week For Gold

Corbett_ Wrote: Nov 19, 2012 11:15 AM
Actually both parties give aid to Israel and they do it for national security reasons. It is not the same as handing out free cell phones. BTW, I am against ALL foreign aid, including aid to Israel. We aren't made any more secure by sending money we borrow from China to other countries.

It was a tough week for gold and silver, though precious metals had plenty of company to the downside as equities were also down on the week and the month.  Take a couple weeks off for vacation and it seems like the whole investing world goes crazy. 

Gold closed out last week at $1713.40, down $2.12 on the day.  Silver was off $0.31 to $32.29, bringing the silver/gold ratio to 53. 

During my hiatus I also ran across stories of panic in some circles in the wake of the election...

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