Golden Roller Coaster Ride
June 12, 2008
This week has been a constant daily roller coaster ride for Gold and Silver spot prices. After a great bull run yesterday, the bear peaked out this morning with both silver and gold dropping to weeklong lows at about $16.40 and $860 respectively.
Crude oil and the dollar are at the center of attention, as investors seem to be reacting to movements daily. Everyone is looking for a trend or direction, with inflation concerns always present as a major backdrop to the drama.
It's not a market for the faint of heart!
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