Back ON Line - Gold in the News of Late
Greetings Again,
This has been a great week for gold and even the mining shares are moving up. Gold broke above $690 and closed at $691.60.
DROOY, one of my core holdings is back on track above $0.74. That is a nice return. The last correction was a BIG one!
The dollar is in uncharted territory on the low side. That is, it is at its lowest, I believe ever. There is little to recommend it at all. This chart shows where the dollar was this week. Where will it go from here? That is the big question which each of us must ponder to make wise decisions. Remember, the central banks, or at least some of them have been reducing their exposure to the dollar.
Have a great week end and do not forget to join with other Christians in corporate worship tomorrow. This is an important responsibility we each have.
Best to each, Doug
This has been a great week for gold and even the mining shares are moving up. Gold broke above $690 and closed at $691.60.
DROOY, one of my core holdings is back on track above $0.74. That is a nice return. The last correction was a BIG one!
The dollar is in uncharted territory on the low side. That is, it is at its lowest, I believe ever. There is little to recommend it at all. This chart shows where the dollar was this week. Where will it go from here? That is the big question which each of us must ponder to make wise decisions. Remember, the central banks, or at least some of them have been reducing their exposure to the dollar.
Have a great week end and do not forget to join with other Christians in corporate worship tomorrow. This is an important responsibility we each have.
Best to each, Doug
posted by Doug @ 3:01 PM
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