DOUBLE DIP? 08/30/10 9:23:06 PM
SPOT PRICES PER TROY OUNCE
GOLD..............................$1236.00
SILVER............................$19.03
PLATINUM......................$1527.00
PALLADIUM....................$489.00
RHODIUM........................$2080.00
Today was another quiet day in the metals market, no news to really move the market either direction.From experience I have seen this before a major holiday.In commodities the news is in the grains now, crops are maturing fast and all eyes are on yeilds.
Economically there is a lot of talk about a double dip of our recession, some say we are in a depression. I say we are continuing the slump that started in 2008. Recovery? what recovery? The stimulus what did it do? Who is going to pay for it? The taxpayers. Can we have growth to move the economy ahead?
A little gold and silver is only smart thinking in these uncertain times.
Look for the market to move after the holiday.
Dean Jirousek djirousek@hotmail.com
|
|
