Welcome To The International Tower Hill HUB

Committed to Creating Value Through Discovery

Free
Message: Auguries—Is There None Such?

Auguries—Is There None Such?
May 17, 2012
By Kevin Michael Grace

Gold was down (at press time) $20.50 (-1.3%) for the week to $1,574.40, and silver was down $1.04 (-3.6%) to $28.06. Gold gained $38.40 Thursday; the Financial Times attributed this to “heightening expectations of further US monetary stimulus, as weak manufacturing data in the Philadelphia region…took investors by surprise.”

GoldCore reported Thursday that “Gold fought back [Wednesday] after touching its lowest level since December 29, as concerns about Greece’s political instability and possible departure from the Euro prompted investors to buy back into bullion.” Our favourite wire service continues to maintain the exact opposite, of course.

Read the rest of this article on gold prices.

Share
New Message
Please login to post a reply