John J. Murphy

John J. Murphy Articles

HITS FOUR-YEAR LOW... The Dow tumbled 400 points today and, more importantly, finally broke last September's low. The Dow is the last of the major averages to fall below the lows of last fall. In addition, it was the worst percentage loser...
In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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