After the Fed Chairman, Bernanke spoke yesterday morning with his view on the state of the economy, the equity markets moved higher. Gold retracted almost $100, after almost breeching $1800/USD. Has anything changed? Will it be the manipulation of words from politicians that will give the Fat Cats of Wall Street  the ability to continue to place large bets with naked shorts on precious metals and equities without fear of consequences? Gold  pulls back after a huge drop and climbs $9.60USD/oz @ 1720.90; Silver up $0.88 @ 35.52/USD/oz. Oil continues to climb; up $1.25 to 108.32USD/barrel. Even though the Euro slipped the Canadian dollar has gone off on a tangent breaking above the 1.01 level, GDP #’s on Friday.
Note-movements based on previous days closing market prices.