Gold Investments Market Update - Goldman Sachs Plummets - Bodes Ill for Wall Street and US Financial System |
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Gold and silver were up another 2% yesterday as bargain hunters continue to bottom feed. Oil and most commodities were somewhat higher on news of the Chinese $0.6 trillion stimulus injection while the dollar was flat and the pound fell again (reaching a new low against the euro) due to the sharply deteriorating UK economy. Gold's non-correlation with equity markets continues with most equity markets again under pressure today after the Chinese stimulus induced another dead cat bounce which
Filed under: Fundamental
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