The 52-week high was 86.746 on October 3. The 52-week low was 78.906 on May 8, just five months ago.
I don't find that big of a move in so short a space very encouraging yet. A stable price at a high level is better. Let's see what it can do.
Friday, October 17, 2014
Gold and oil tonight are fairly valued one to the other
The gold/oil ratio comes in at 14.973, which is effectively par.
Gold is $1239 the ounce, oil $82.75 the barrel.
Bank Failure Friday is back with the fifteenth in 2014 in the state of Maryland
NBRS Financial, Rising Sun, Maryland, failed tonight, costing the FDIC $24.3 million. It is bank failure number fifteen in 2014.
FDIC insured institutions number 6,656 through June.
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