Europe's Trillion Dollar Bailout, Short-Term Speculations, Rise of …
The gold price reacted very little to the euro bailout. In a way, it’s quite appropriate that the metal has been flat while markets around the world surge. The spot price is right where we left it Friday, at just below $1200 an ounce. … The latest Lundberg Survey pegged the national average at $2.92 last week, the highest price since October 2008. Although no one cares anymore, Thursday’s 1000-point market crash is now being blamed on computerized trading. …
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