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Richard's Thoughts on Gold & New Changes Today

Daily Recap

It was another day of stocks marching higher around the world. In the U.S., at least, trading volumes were light all week and we are warned not to make too much of the market's action. Still, it's hard to ignore the strength of our major stock indexes as they approach their earlier all-time highs.

Foreign markets were again mostly higher. The Asia Dow gained 0.17%, though all major markets, save Hong Kong, were up more than that, and Hong Kong was down a mere 0.06%. European markets were all in the green, and the STOXX 600 rose by 0.60%. Non-US American markets were split: two higher, two lower. Brazil gained a hefty 1.6%.

Precious metals had another good day also. Gold added $5 more, to its highest price ($1326) in over a year. Silver was up 14 cents, and platinum gained $8/oz. The mining shares were cautiously higher; XAU closed at 90.53, ... Log in or subscribe to continue reading.


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