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Gold Turns Downward

Gold Below $900

After a failed run yesterday, Gold has slipped below $900 this morning for the first time in weeks. Selling pressure is riding high for Gold and precious metals seem to be turning a bit bearish. Crude Oil continues to rise on it's own, seperate from the precious metals.

Major investors seem to have found a new darling of the moment in thier quest to avoid the woes of the dollar. With crude oil above $118 a barrel, the worlds economic problems are just beginning.