Tuesday, May 10, 2011

Keiser Report: Economic Euthanasia (E145)

Gold, silver rise again on debt,

inflation concerns

May-10-2011--NEW YORK - Gold and silver prices rose for a third straight session on Tuesday after last week's sell-off, boosted by intense fighting in Libya, uncertainty about debt-laden Greece and the rising cost of oil and grain. Concerns over a European debt crisis after conflicting reports on a potential aid deal for Greece and similar problems elsewhere in the euro zone underpinned prices, as did gains in crude oil on concerns that U.S. flooding could hit refineries.

Precious metals rose amid sharply higher commodity prices across the board as the sector continued to recoup last week's near-record losses.

Silver and gold rally again as buyers return

PRECIOUS METALS:

Gold, Silver Up On EU Worries, Short Covering

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