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Gold Gets Its Shine Back

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The euro recovered some ground against the dollar bringing commodity prices along for the ride.  Gold and silver were up on the day but will likely post losses for the week, largely in line with currency fluctuations. 

Gold was up $5.54 in early trading to $1,562.03 and silver was up $0.11 to $28.28, lowering the silver/gold ratio to 55. 

So we end the week with Greece still in limbo, a slowdown in Asia that includes China and India, the top two gold buying nations in the world and the world’s governments still struggling with a mountain of debt.  In the...