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Gold Trends Lower

Frank61 Wrote: Dec 05, 2012 8:56 PM
You sound like the typical liberal idiot!

Gold moved lower in overnight trading on Tuesday even as the dollar lost ground against the euro.  This is the first big price move in opposition to currency adjustments we’ve seen in a while and it’s weighing on most of the industrial commodities besides gold and silver.

In early trading gold was down $15.00 to $1,700.76 and silver was off $0.55 to $33.03, boosting the silver/gold ratio to 51.5. 

There was red ink pretty much everywhere you look in commodities with platinum, palladium, and crude oil all moving lower.  The one odd duck was copper, moving...