GOLD dropped below $1580 per ounce Thursday morning, while gold in Sterling and Euros fell back below £1060 and €1225 an ounce respectively, extending losses from a day earlier that following stronger-than-expected US retail sales data.
www.FinancialArticleSummariesToday.com The straight-faced dissemination of transparently amateurish “official analysis” these days loudly proclaiming that an economic rebound is underway is so blatantly short on truth that it reveals a disturbing level of desperation to raise confidence. Furthermore, it clearly shows that the damage to the national economic infrastructure is so great that the practices deployed … Continue reading “Gold Price Sizzles As the U.S. Economy Fizzles”
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