Friday, October 8, 2010

Spot Gold At Record High of $1,364.95 a troy ounce

Matthew Walls
The Wall Street Journal
Octover 7, 2010
Spot gold surged higher to a new record, fueled by bullish sentiment and a weak dollar.
News that Vietnam had lifted a two-year old ban on gold imports was cited as just one more reason to buy gold, adding steam to the rally as gold races towards $1,400 a troy ounce faster than many had predicted.
Spot gold reached a high of $1,364.95 a troy ounce. In morning trading, it was 0.8% higher on the day at $1,359.50. Other metals followed, with palladium jumping nearly 4% to a nine-year high of $600.50.

Read entire article

Bob Chapman on The Alex Jones Show - Fri 10.08.2010

Alex Jones  talks with regular Friday guest of Bob Chapman the International Forecaster about the economy and related issues. Alex covers the latest news and takes your calls.

Dennis Gartman Expects Correction to Follow Gold Euphoria

Oct. 6 (Bloomberg) -- Dennis Gartman, an economist and editor of the Gartman Letter, talks about his investment strategy in gold and the Swiss franc, and the outlook for U.S. employment. Gartman speaks with Tom Keene on Bloomberg Television's "Surveillance Midday."

DAILY NEWS ON BOOZE