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Gold Trends Higher, Silver Stays Strong

Godorn1979 Wrote: Nov 24, 2012 11:54 AM
A conservative says, "liberals invoke God, charity, and the teachings of Jesus in an attempt to further their agenda, fail to recognize the difference between individual responsibility and the proper role of governmentand try to merge the two and have the government act as individuals and/or churches." Conservatives want to change the U.S. Constitution to force students to pray in school.

The euro continued to gain ground against the dollar as precious metals prices moved higher. 

Gold was up $4.57 to $1,734.17 and silver also up $0.06 to $33.40, for a silver/gold ratio slightly higher at 51.9.

I’ve been stressing all week that the trends we see in precious metals should be taken with a grain of salt.  There was no trading in U.S. markets on Thursday and only a half-day on Friday; many traders took the whole week off and volume has been relatively soft. 

Even...

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