Business and Bullion Weekend Report - November 7
Precious metals rallied this week following a weaker US dollar that was pushed lower by a series of economic reports, including the Labor Departments higher than expected unemployment figures of 10.2 percent a more than 26-year high. Gold reached an all-time high and silver soared. Crude oil tumbled on Friday by nearly 3 percent but still managed to post a small weekly gain. In stocks for the week, European indexes were higher and the three major US indexes advanced more than 3 percent.
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#1 Nov 7, 2009
Market goes up, market goes down. Up and down, up and down. Almost like a missionary converting his heathen house maid just before she cries out, Lord I'm Comming!
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