A Christian Education is the only way to learn the truth!

Precious metals are rebounding, but hesitating near the top as many are waiting to hear Bernanke's words after the FOMC meeting. The dollar is strenghtening in anticipating of potential of higher interest rates in the near future. However, increased interest rates here are likely to penalize the economic recovery.


From MineWeb.com:

2010 UNLIKELY TO SEE MUCH PRICE WEAKNESS
VM mostly positive on metals prices for 2010

The latest Metals Monthly from the VM Group takes a generally positive view on the prospects for precious and base metals prospects in the year ahead.
Author: Lawrence Williams
Posted: Tuesday , 15 Dec 2009 LONDON -

The London-based VM Group's latest monthly analysis of the global Metals and plastics sectors, prepared for BNP Paribas/Fortis Bank, takes a pretty positive view of the year ahead for most metals - that is if you're a producer or investor rather than a consumer! Read it HERE.

From TheStreet.com:

Dollar Dulls Gold Price

The U.S. dollar index was rallying Tuesday ahead of the Federal Reserve's two day FOMC meeting. Recent better-than-expected economic news is sparking some suspicion that the Fed might raise interest rates sooner than anticipated. Read it HERE.

From MarketWatch.com:

Gold futures under pressure as Fed meets
Read it HERE.

From MineWeb.com:

CHINA GOLD PURCHASES RISING

Four pillars of gold price strength remain intact

Despite the recent setback in the gold price, the principal drivers of gold's recent strength remain in play and don't be surprised to see $1,500 gold next year.

Author: Jeffrey Nichols
Posted: Monday , 14 Dec 2009

NEW YORK (Rosland Capital) -

Friday seems to be gold's unlucky day. This past Friday, December 11th, gold tumbled as better-than-expected retail sales figures suggested that U.S. economic growth is rebounding. Retail sales for November rose 1.3 percent, much better than the 0.7 percent rise economists and markets were anticipating. Reflexively, the U.S. dollar strengthened and gold promptly tumbled from just over $1,140 to under $1,110 - a decline of more than $30 or about 2.6 percent.. Read it HERE.

Hear Newt Gingrich on 2012 "Victory or Death," HERE.

Miners from Scottrade.com:

Currencies from Kitco.com:
Gold is 1119.90 and silver 17.33. The DOW is off 32 to 10468.33. BYDDF is 8.94.

Study and hide the Word of God in your heart that you might not sin against Him as our nation is doing now while trying to deny the Sovereignty of the King Jesus. We must all recognize that He is the way, the truth, and the life. There is none other in whom we can place complete trust. The fear and reverse of Him is the way to life, all other ways are the way to eternal death. Do not be deceived, God's word accomplishes the goal for which it was sent to secure. It does each and every time. When God says something, listen and obey. Get your children away from the pagan American socialistic education system and assume your God given responsibility of educating your children. God demands it.

Best, Doug