Archive for November, 2010

Notice the “Demand for Currency Alternative”?

Monday, November 8th, 2010

Gold Tops $1,400, Extends Record Rally on Demand for Currency Alternative By Pham-Duy Nguyen – Nov 8, 2010 4:34 PM ET Gold topped $1,400 an ounce, extending a rally to a record, on investor demand for an alternative to currencies. Silver reached a 30-year high, and palladium climbed to the highest price since 2001. On […]

The Run Up in Prices Continues

Friday, November 5th, 2010

Gold touched $1400/ounce today and is still at $1395 and Silver is at $26.76/ounce. I feel these two commodities (make that “real money”) are going to continue their climb as the Fed continues to debase the dollar and as all other central banks around the world try to debase their currencies along with the dollar. […]

Gold and Silver Rising.

Thursday, November 4th, 2010

Gold Jumps Most Since March 2009; Silver Climbs to 30-Year High By Pham-Duy Nguyen Nov. 4 (Bloomberg) — Gold prices surged by the most since March 2009 and silver rose to a 30-year high after the Federal Reserve said it will buy more debt, undercutting the dollar and boosting demand for precious metals. Palladium jumped. […]

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