Paris suburb riots called 'a lot worse' than in 2005
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EU President Barroso: Weak dollar a 'problem'
for world economy
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The precious metals market has been volatile, jumping up and down on every bit of international economic and financial news. I currently suggest "at-or-below" buy prices of $818 for gold, and $14.42 for silver. As always, buy on the dips! And, as previously mentioned, be sure to get your beans, bullets, and Band-Aids squared away before investing any excess cash in precious metals. It now appears very likely that the Federal Reserve will make further interest rate cuts. This can only be bearish for the US Dollar and bullish for silver and gold. Get out of dollars and in to tangibles!
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Murray and Larry W. both spotted this one: Citigroup to Raise $7.5 Billion From Abu Dhabi State. They are giving the sheiks 11% interest when the prevailing rates are half of that? This sounds like a desperation move to me.
