Posted on 02/03/2011 11:53:26 PM PST by Jet Jaguar
GOLD GAINS: Gold and silver prices rose after Federal Reserve Chairman Ben Bernanke said the economy won't recover fully until more jobs are created. His remarks suggested the Fed will continue its $600 billion Treasury bond-buying program aimed at bolstering the economy.
OIL SLIPS: Oil fell as protests continued in Egypt. West Texas Intermediate crude for March delivery fell 32 cents to settle at $90.54 per barrel on the New York Mercantile Exchange.
(Excerpt) Read more at abcnews.go.com ...
3 Jan 2011 - Gold - $1418.54
4 Feb 2011 - Gold $1349.85
The quoted price of $1349.85 is down over 5%. I usually check twice a day, I must have missed the gain.
“Ben Bernanke said the economy won’t recover fully until more jobs are created”
Wow, and how much do we pay him?
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