Tuesday, October 6, 2009

Gold at record high

Gold prices hit a record high today. Traditionally, gold is seen as a safe haven in a time of crisis. During the Great Depression, when many banks failed, USA gov made owning gold illegal to prevent people from buying it.

Well, we could see a repeat performance as guys run after the girl with golden hair. I am bullish on bullion and feel much gold will leave US borders. That is why US wants swiss gov to give it a list of all americans with gold in swiss. Future price of physical gold will rise.

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