Dollar Retrenchment Boosts Precious Metals

U.S. Global Investors Weekly
"This week’s retrenchment in the dollar gave a boost to precious metal prices, taking gold back above $900 and silver to almost $17.50. In addition, oil and natural gas prices both climbed by more than 8 percent.

A study by the World Gold Council suggests that past U.S.recessions have had no negative impact on the gold price." (6/6/08)

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