Gold Breaks $895
January 11, 2008
Gold Aims for $900
In this afternoons trading Gold broke through $895 and remains strong, just slightly below that level as of this posting. This is all new territory for the most popular of precious metals, but investors are exhibiting exceptional confidence in gold as a cautionary inflation hedge.
If conditions remain the same, you can expect to see record breaking $900 an ounce gold today or tomorrow. If gold holds well at this benchmark, the bull may keep running.
Activity at FUN and NYINC must be crazy! Check in with Dave Harper at Buzz and George Cuhaj at Current Currency for updates from these two pace setting shows over the new few days.
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