U. S. to Release a 24-K Gold Buffalo
News today at http://www.resourceinvestor.com/pebble.asp?relid=20983 is that the Mint is preparing to release a 0.999 Gold Buffalo $50 coin. The proof is scheduled to be sold at $800 and the others at 5% to 7.5% premium over gold spot price. THAT IS NO BARGAIN!
The summer doldrums remain in full force. Gold is struggling to climb, but is meeting some resistance. For 24 hours the high was $588.60 yesterday at 11:31 a.m. and the low $572 this morning at 8:25 (NY). It is now $580.20.
DROOY is off a bit to 1.29 and the mining stocks are mixed at this early time of the market.
Dollar is stronger, because of the hedge funds and central banks playing in the currency markets. The recent economic indicators are falling short of expectations, but the dollar bulls reign anyway.
Remember, each of us has the obligation and the opportunity to join in corporate worship this Lord's Day. Though it is our duty, worship is a privilege and becomes a joy with regular participation. Do not neglect the "gathering together of the saints as is the practice of some."
Best to each, Doug
The summer doldrums remain in full force. Gold is struggling to climb, but is meeting some resistance. For 24 hours the high was $588.60 yesterday at 11:31 a.m. and the low $572 this morning at 8:25 (NY). It is now $580.20.
DROOY is off a bit to 1.29 and the mining stocks are mixed at this early time of the market.
Dollar is stronger, because of the hedge funds and central banks playing in the currency markets. The recent economic indicators are falling short of expectations, but the dollar bulls reign anyway.
Remember, each of us has the obligation and the opportunity to join in corporate worship this Lord's Day. Though it is our duty, worship is a privilege and becomes a joy with regular participation. Do not neglect the "gathering together of the saints as is the practice of some."
Best to each, Doug
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