Monday, July 25, 2011

Gold hits all time nominal High $1624/oz today

The price of gold. overnight gold hit an all-time nominal high -- $1,624 an ounce. it's backed away a bit from that high here as we have about 15 minutes left in the floor session for trading. but we are looking at gains in gold that have a lot to do with what's happened in the debt crisis here in the u.s. and around the world. $140 jump in the price of gold so far this month, on track for the biggest monthly increase since april. meanwhile when you look at what's happened to some of the gold etfs, the amount of inflows we've seen in those gold etfs, we've seen huge inflows and long open interest in gold futures. that's also been climbing steadily.



Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Double Sided Two Headed Two Faced American Eagle Silver Dollar - Heads

Incredibly beautiful US American Eagle Silver Dollar coin made of pure silver and it's double sided! Win all your bets with this absolutely collectible coin. Also available in Tails or as a set!
From The Magical Rabbit

Bob Chapman - Freedom Files 7/21/2011

Bob Chapman : the debt ceiling discussions are nothing but political theater it is a national disgrace , the people should get rid of them all politicians they are all bought and paid for we have a corporate fascist government they will continue to do what Wall street and banking want because they are paying them , you and I as constituents are not paying them if you do not pay the you do not get in the action it's pretty simple


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