Gold Hits Record $1,070/oz

Gold Hits Record $1,070/oz
October 14, 2009

Gold closed $1,070.70 (FOREX) an ounce on Wednesday but opened at the lowest of $1,050+ today. Both gold and silver made some steep moves these past few weeks as the dollar continues to hit record lows. People on a global level are becoming aware of the dangers of fiat currencies and the value of REAL ASSETS like precious metals, commodities will always be a safe haven for investors in gloomy times especially commodities of high demand and short supply. PMs will continue to move exponentially in the coming months as nothing is being done about unemployment or the collapse of the dollar.

Gold Heading to $3000 Unless America Hits the “Reset” Button, Tice Says


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