[RightWhale]

Crude oil also fell on speculation that Iraqi oil exports would resume soon

The numbers are accurate enough, but why do these people who write about the stock market for a living have to say things like: the price edged up 600 today, or the price plummeted 10 today? Or the market skyrocketed 5 today, or the market softened 500 today?

Why is that? Did they really want to be sportscasters, color commentators?

[Steven W.]

.7% loss = "sharemarket roller-coaster takes a dive"

.8% gain = "Gold Rallied up on War News"

hmmm ... I guess they report, you decide! ROFLMAO

[Cicero]

The war has nothing to do with the POG (price of gold) except in the minds of idiots, financial reporters, and professionals who take advantage of such illusions.

The basic reason for a bull market in gold (if it resumes) is weakness in the dollar, weakness in the stock market, and enormous, continually growing balance of payment deficits.

Sure, gold has bounced up and down about 60 points in the past few weeks, mostly on pure emotions: fear, greed, and credulous belief in these silly explanations.