Gold Being Odd and USD Being Tricky

Every now and then we see some kind of anomaly on the precious metals market. Sometimes it’s particularly useful and sometimes it’s just something random. Yesterday was one of those days when something didn’t seem right. The USD Index rallied, silver declined, mining stocks declined and yet, gold closed the session higher. What can we infer from this uncommon event?

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David Staples: Council ‘making rules on the fly,’ Holyrood Gardens developer says

Confused, bruised and not sure if he’s willing to continue. That’s how businessman Raj Dhunna of Regency Developments feels after negotiating an agreement with city administration to build Holyrood Gardens — a 1,200-unit high-density residential development along Edmonton’s new $1.8-billion Valley LRT to Mill Woods — only to have city council vote Monday to send the project back to the drawing board.

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