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Melman on Gold & Silver

Our world of precious metals showed several conflicting trends. Gold fell sharply from last month’s highs to the area between 265 and 270 and then stabilized in that area.

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As the wags have been putting it recently, it looks like the United States is caught between “Iraq and a hard place.” Every day for the past month we have read headlines about the likelihood of immediate war, and, based on those headlines, gold, petroleum and the financial markets have gone off on their tangents.

Legislative and Regulatory Update


• Federal budget priorities
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