Monday Miracle!
October 2, 2007
Even though the US$ was UP 25 basis points all day long. gold clsoed up another $4! And oil was down $1.48. It’s just more proof that gold is running on it’s own and many more investors are coming in. Rumors that the Fed might lower interest rates again had the Dow all giddy (falsely so). From its close of 12,845 on August 16, the Dow advanced to a high of 14,101 today.. That was an advance of 1,254 points. Watch out! 
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