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Pan American Metals of Miami Reports on the Close of an Interesting Week for Gold
- Pan American Metals of Miami Reports on the Close of an Interesting Week for Gold
- August 07, 2011
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Gold continues bullish in spite of expectations.
MIAMI, FL - This has been an interesting week for the gold market - interesting and not at all what most people might have anticipated. The eleventh hour debt deal from Washington should have caused a drop in gold prices as fears of a possible default were allayed. Yet gold just kept going up. Then Switzerland and Japan took action to decrease the value of their respective currencies and the US dollar soared as a result. Another signal for gold to dip; yet gold kept going up. Granted there were ...
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