THE G20 SUMMIT AND THE PRICE OF GOLD

From The Wall Street Journal:

“Gold futures finished modestly higher on short covering Wednesday ahead of a Group of 20 economic summit, but the market was largely flat as traders wait for the outcome of the Thursday meeting. Still other key events occurring this week include a European Central Bank meeting Thursday and the always-important U.S. monthly jobs report on Friday.” (04/01/09)

As we know, we’re dealing with a truly global economy and the outcome of the G20 summit will not only affect the price of gold, but many other elements of our financial stability; both as a nation and as part of the larger picture.

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