COMMENTARY – Precious Metal prices fluctuated overnight and are opening cautiously this morning. Meeting in Boston today, Fed Chairman Ben Bernanke stated that the Federal Reserve is prepared to take action because they believe that inflation is too low and that unemployment is coming down too slowly. Gold is up 26% this year and if it remains in positive territory this will be the 10th consecutive year of annual gains. That is Gold’s longest winning streak since 1920.
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