Gold Settles $1.20 Higher Today... (1167.70)

By Mike Daly
24 November 2009 @ 03:02 pm EDT

The Gold markets momentum continues to be U.S Dollar orchestrated. The continued fragility of the Dollar is pushing investors into the Gold as a "safe haven" alternative. Year to date Gold is up over 30%. The economy of the United States grew 2.8% in the 3rd quarter (less than anticipated). This translates into less consumer spending and larger deficits. The biggest economic problem remains the number of unemployed Americans. (7.3 million since 12/07)...

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