A rollercoaster ride for the yellow metal continued with the election results. Uncertainty about debt and continued quantitative easing caused the manipulation to continue. Today Gold was up $2.20 @ 1717.20; Silver slips $0.20 to 31.83/USD/oz. Oil dropped $4.22 to sit at USD$84.49. Gold in three business days ranged from $1733-$1675.The Euro is presently around the 1.2775/USD level, with the potential to fall further as the Greeks become violent with the government threat of more austerity measures. The Canadian dollar seems somewhat stable even with Oil and the European Crisis reigniting its’ value. Presently around Par vs. the USD$.
Note-movements based on previous days closing market prices.
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