Gold Stays Well Above $590
Gold is still hanging tough in the $590s. It has made a few runs at $600 and it broke through again yesterday morning to $601.10, but has not been able to stay above $600. The low for yesterday was $592.70 afternoon at 5:08. Gold is at $598.20 now.
Silver has outperformed gold in recent weeks. The high for the last 24 hours was $12.83 yesterday morning and the low was $12.43 in the afternoon. It is now at a respectable $12.77. The new silver ETF should be out very soon.
Mining stocks seem to be waiting, albeit, at a higher level, for a more stable gold price above $600 and beyond. I believe we will not see a significant drop in prices any time soon. Oil continues its upward climb, as well. putting more pressure on the us consumers. Air line tickets are climbing in response thereto.
The unrest over the illegal immigration problem is growing. It seems to approach what many consider an invasion from south of the border. Multiculturism and bilingual in our government "education" systems have encouraged such activities. We are destroying ourselves from within. It is no wonder, since we have elected officials who have no goal other than to be reelected the next time around. We must pray that the Lord will raise up statesmen and church members who will take a stand for what is right and true. Without this intervention, there is little hope.
I rejoice every day that the Lord is in control and working all things for the eventual good of His people. I pray that each of you are citizens of the Kingdom of God.
Best to each, Doug
Silver has outperformed gold in recent weeks. The high for the last 24 hours was $12.83 yesterday morning and the low was $12.43 in the afternoon. It is now at a respectable $12.77. The new silver ETF should be out very soon.
Mining stocks seem to be waiting, albeit, at a higher level, for a more stable gold price above $600 and beyond. I believe we will not see a significant drop in prices any time soon. Oil continues its upward climb, as well. putting more pressure on the us consumers. Air line tickets are climbing in response thereto.
The unrest over the illegal immigration problem is growing. It seems to approach what many consider an invasion from south of the border. Multiculturism and bilingual in our government "education" systems have encouraged such activities. We are destroying ourselves from within. It is no wonder, since we have elected officials who have no goal other than to be reelected the next time around. We must pray that the Lord will raise up statesmen and church members who will take a stand for what is right and true. Without this intervention, there is little hope.
I rejoice every day that the Lord is in control and working all things for the eventual good of His people. I pray that each of you are citizens of the Kingdom of God.
Best to each, Doug
posted by Doug @ 9:47 AM
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