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Archive for August, 2011

Gold Closes Above $1,700 – U.S. Turning More Japanese

Monday, August 8th, 2011 Posted in Economy, Gold/Silver | 1 Comment »

Gold broke another record today, closing just over $1,700/oz. The Dow Jones Industrial Average dropped 634 points (5.5%) and not surprisingly, US Treasuries jumped. This was the expected response to S&P's ... Read more..