Friday, August 19, 2011

Disappointing data from US and ongoing concerns in Europe serve to push gold even higher

Pan American Metals of Miami says Gold is Soaring Again Amidst Disappointing Economic News. Gold seems poised to rise even higher amid disappointing reports on the US economy and serious concerns over debt issues in Europe. The Dow dropped almost 4% Thursday, August 18, following a disappointing manufacturing report, sending investors racing back to safe haven investments and pushing gold over $1800.


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