Market Update: Gold on a tear..950…

Yowsa! Theres my gold, go baby go, up 12 to 950 now….

Markets Now:

DOW down 137 to 8285

S & P down 15 to 888

NAS down 36 to 1693

Oil pulled back a bit then dollar turned around and it is back up 60.87

10 yr 98.609 – 3.29%

30 yr fixed rate mortgages moving lower again, sort of decoupled, HA! but seriously from 10 yr, that is due to FED buying MBS..which Fed Reserve minutes released yesterday indicate more FED heads want to expand…

May 21, 2009. Tags: , , , , . Economy, Finance, Music, Uncategorized, Wall St.

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