Silver Stocks Down Friday
May 12, 2012
Iraq is pumping out oil at the highest rate since Saddam Hussein’s era. This production is being led by foreign partners like Exxon Mobil and British Petrolium. They are developing new oil fields and renovating older wells. The country produced 3.03 million barrels a day in April, 7.7 percent more than in March, while Iranian production declined to 3.2 […]
Gold investors are the least optimistic in 5 weeks as due to political problems in Europe. All gains of 2012 have been lost recently as investor turn to USD seeing stronger-than-expected US economic growth. Gold had risen 14% percent to $1,792.70 by Feb. 28 on the Comex in New York, before falling to $1,585 today. […]