Commodities Slip - Gold Near $700
November 14, 2008
Gold, Silver and Crude Oil Drop!
What a morning for precious metals! Gold has slipped to near $700 and silver has fallen below $9.
Crude oil is down to $56.32 a barrel as of this posting.
Seems that many are now returning to U.S. Dollar based investments, indicating that inflation fears have all but evaporated. High confidence in a new leadership in America certainly has had an effect.
Still, our worldwide economic hardships are not at an end, by any means. The stock market is extremely volatile. As always, proceed with caution in your investments and keep yourself well informed.
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