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Mover Mike

Mike is a retired stock broker, and now supports his wife's furniture business. He is her warehouseman, deluxer, and marketing guru. In addition, he writes poetry and finds abundance, health and joy in the world around him while pondering life's little mysteries

USD Lower, Gold Higher!

Marketwatch is reporting

U.S. stocks opened sharply lower Friday, as investors returned from the Thanksgiving holiday to a steep dollar decline that pushed the euro to its highest level in a year and a half and the British pound to an almost two-year high.
Gold is up $9.90 to $638.50 and the USD is challenging the low set back in May when Gold hit $725.

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Posted by movermike on Friday November 24, 2006 at 8:15am

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