Sunday, February 8, 2009

3:39PM PST SUNDAY GOLD DROPS DESPITE DOLLAR FALLING AND EURO RISING


Looks like the Boyz are getting a jump on driving
gold down before it can get to NY tomorrow.
Dollar has a big range on the opening. Opens at
.8562 and drops to .8536, then bounces to .8543...
all in the first minute of trading.
Euro gaps up on the opening, tops at 1.2980, then
falls to 1.2953.
Yen gaps down on open then rises
Oil hits the 39s, but rises a bit into the 40s
CHEAP GAS HAS GONE UP 40 CENTS IN THIS
AREA from around $1.40s to $1.70s-80s, even
with oil near its lows. Ain't life in the U.S. grand?