December gold futures hit $1,087 an ounce
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All Comments (49)
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1118 today!
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purchase price dollars,gold could dive after a recession
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gold is going up in AUSTRALIAN dollars now : see the 5 yr chart
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in dollars, in certificates or in real metals ?
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1095 dollar per ounce today !
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From where are you buying your gold?
What about silver?
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got gold?
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peace out? what R u a rapper?? been listenin to that canadian rap musik again. nice shirt.how bout 1250 Gold by Feb10?
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As far as I'm aware of, there's only about 158,000 tonnes of Gold ever mined from this planet and in circulation.
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In other news, USA protectionist measures and its trade wars have really taken off. The "Buy American" clause in the stimulus bill. Now the USA is imposing duties on Chinese steel after imposing duties on Chinese tires. I'm sure there's a whole list of others. It's funny that people say China's weak currency is an unfair trade advantage. It's China's weak currency that allows for the USA's higher standard of living. Protectionism always ends up hurting the protectionist country long term.
Yesterday I asked when PM would decouple from the USD and Stock Market (what I have been waiting for) ...looks like we may have the answer.. I hope!!
jdl1881 2 years ago 3
One more thing. When central banks or the IMF sell large amounts of gold on the market, the price often dips. Here the IMF sells 6.8 billion in one night and the price spikes upwards. The central banks have caught on, along with many individual investors, that the US dollar is too unreliable now and are heading for the emergency exits.
joel1923 2 years ago 3