Monthly Archives: June 2009

Gold dipped to $921 per ounce Yesterday. Today it’s even lower at $915. It may go lower than $900, but I don’t expect it to go lower than the previous dip, which bottomed at about $860, in early April. This … Continue reading →

“It will be helpful if Geithner can show us some arithmetic.” That’s a quote from Chinese economist Yu Yongding, poking fun at Geithner’s mission to assure the Chinese that their investments in the U.S. are safe. The U.S. dollar is … Continue reading →