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Another Big Week for Gold

soniaben16 Wrote: Aug 27, 2012 5:46 PM
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There were big numbers for gold last week, the kind of upside numbers we haven’t seen in a long time. 

Gold ended the week at $1,669.90 and silver traded up to $30.78, for a silver/gold ratio of 54.2, one of the lowest readings since January. 

In the media this week we found speculation about a plan to return the nation to the gold standard.  My position on a return to the gold standard is that would be a really bad idea for the U.S. to make that move unilaterally.  We would be handicapping ourselves in global...

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