Tuesday, September 14, 2010

Gold: More Room to Run? signs of Inflation

Brian Kelly, president of Kanundrum Capital, shares his outlook.



Rob McEwen : Gold Will Reach $5,000 Per Ounce

U.S. Gold Chairman Rob McEwen discusses why the precious metal is poised to take off during the next few years.

Gold and Silver Explode as Banksters Abandon Market Manipulation

By Kurt Nimmo
Infowars.com
September 14, 2020

Gold has surged to a new high as the prospect of inflation reared its ugly head in the United Kingdom on bad news from a report indicating a weaker-than-expected eurozone industrial production. Germany and France, despite sovereign debt fears, have been able to manage anemic growth but today’s data signals a slow down.
On Tuesday the gold price traded as high as $1,261.90 and as low as $1,246. “The U.S. dollar index was adding 0.03% to $81.90 while the euro was losing 0.19% to $1.28 vs. the dollar. The spot gold price was rising $14.30, according to Kitco’s gold index,” writes Alix Steel for The Street.

Silver also experienced a boost today. The precious metal was up 14 cents to $20.31. Earlier this month, spot silver trading reached its highest point since March 2008.
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