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Gold Down On Euro Woes

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Gold was down in line with gains on the dollar in overnight trading on Tuesday, with commodities generally tracking lower across the board. 

Gold was down $17.90 to $1,576.48 and silver was off $0.41 to $28.15, raising the silver/gold ratio to 56.  Joining gold and silver lower are platinum, palladium, crude oil and copper. 

A couple of you correctly pointed out that my defense of

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