The Run Up in Gold continues

Alex Latzer, head of metals & mining research at Daiwa Securities, believes gold will peak sometime in the middle of 2011 as we normalize interest rates higher , the factors for the gold prices surge are the rising Inflation in the emerging markets ,the anxiety factor in the market , the large debt out there , In the last year spot gold was up 27.52% and spot silver was up 130.45%

Gold to Rise to $2,200 on Chinese Inflation

Rising China's Inflation is creating an unprecedented Gold Rush amongst the Chinese citizens , The investment demand in gold from China is literally exploding with China becoming the second largest inv. market for gold after India ,Commodities are entering a period where you have to distinguish between industrials and gold or silver. It's a different fundamental story with grains, however, says Brian Kelly, Kanundrum Capital who see $2,200 Gold on the horizon... Silver will certainly follow...

Gold at New Record High , Silver at 31 years Record High

New record for gold, which breaks through the ceiling of $ 1,478 an ounce. Concerns about the debt crisis, inflation and the fluctuation of the greenback are pushing the precious metals to new highs Gold touched 1.478.00 in New York. New rally for silver, which exceed forty two dollars per ounce, reaching its highest level since February 1980.the Silver market is literally on fire as it has gained almost $8 an ounce in less than a month !