Gold prices retreated Friday on profit taking despite a weaker dollar, stocks flatten despite consumer sentiment uptick. Gold last traded at $1,753 an ounce, down 1.5% last week. Silver traded at $33.49 an ounce, slipping 3% last week.
It was a lackluster day on Wall Street, despite a sharp rise in consumer sentiment last month. The uncertainty over future earnings, the presidential election and approaching fiscal cliff is taking its toll.
Last night’s V.P. debate was entertaining, if not informative. Vice-President Joe Biden’s silly grins, interruptions along with a moderator who failed to intervene left voters, by and large, disappointed.
“This is disrespectful to millions of Americans who tuned in to hear both sides in this debate, not just Mr. Biden’s side,” opines Lowell Ponte at Newsmax.com.
Meanwhile, the epic battle between divergent worldviews hits 1,000 big screens nationwide tonight with the release of “Atlas Shrugged II”. Early…
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