Friday, September 21, 2007

The inevitable happens

Gold Climbs to 27-Year High as Investors Seek Inflation Hedge

Gold has advanced 12 percent and the dollar dropped 3 percent to a record low against the euro since the start of July as a crisis in the U.S. subprime mortgage market spread.

Posted by alan @ 05:38 PM (602 views)
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2 thoughts on “The inevitable happens

  • we seen it coming..i even told people…but still didnt back it myself…whata fool!!
    meryl lynch gold funds from 800 to 1200 in 4 days

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  • planning4acrash says:

    Presumably, given that Gold is priced in dollars, it has advanced 9%. I’m thinking about popping out and buying some gold, how easy is it to sell the stuff?! That’s the only thing that worries me. I just want to buy a few coins, a few hundred quids worth, see how it fares.

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