Sunday, July 24, 2011
Gold Reacts to the Debt Negotiations in Washington
That's the live gold chart from Kitco. The blue line is from last Thursday, the red last Friday, and the green from just minutes ago. That's a pretty impressive opening spike and it's almost certainly a result of the uncertainty in Washington, DC, over the negotiations to raise the debt ceiling, reduce spending, and/or raise taxes.
Labels:
Economics and Economy,
gold
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1 comment:
Looks good for my retirement account! Too bad about my grandson's future, however...
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