Gold Hits Record High as Global Economic Uncertainty Continues

Arirang
August 19, 2011

The price of gold hit a record high on Friday, as investors are seeking safer assets amid deepening concerns over slowing economic growth and the outlook for euro zone banks.

Gold spot was up 2-and-a-half percent at 1,868 dollars 70 cents an ounce after peaking at 1,877 an ounce.

It is on track for its biggest one-month rise in nearly 12 years in August and is up 32 percent so far this year.






 
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4 Responses to “Gold Hits Record High as Global Economic Uncertainty Continues”

  1. $2000 an ounce any minute now. But don’t get too excited — it still buys the same things it would when it was $20 an ounce. What that really measures is how worthless the dollar is. placeofrefuge2012.com

  2. The price of gold should be a wake up call to anyone who doubts that economic armageddon is coming. The 1% of the rich who dominate and manipulate the market rest assured have their gold. Now regular people who are invested who pay someone a fee to manage their money are starting to realize that the ship is sinking and its time to bail out of the stock market. The gold season doesn’t even start until September and look at where the price is going already. The dollar will crash as designed. Some say that the government will ban and confiscate private gold holdings. What that means is there will be a new form of currency and the gov will buy your gold in exchange for the new currency, probably for pennies. An ill wind blows and people need to prepare. The government is going to give everyone 12 inches square up the ass, but they are being kind and only shoving it in an inch at a time.

  3. The US Dollar is dead, the body just hasn’t hit the floor yet.
    You still have some time to save your wealth by exchanging your worthless paper for gold and silver.

  4. All Part of Soros’s master plan.

    Osama Obama
    Biden Bin Laden
    This is part of an elaborate code created by the New World Order.

    A coup d’etat started in 2008 with the presidential election.

    Obama is the acting president. He disappeared for 2 weeks after his election win only to reappear looking exhausted sitting next to John McCain, with a bad poker face, for a press photo shoot. Obama was turned into a puppet for the Pentagon.

    Osama Bin Laden appears to be a code created by the New World Order. The NWO consists of some of the richest people in the world with the goal of overthrowing the US government, some from inside our own government. They are also trying to collapse our currency and appear to be behind all of the “buy gold” hype, not to mention tens of thousands of money making opportunities online and late night infomercials. They’re positioned to make billions by destroying our economy.

    The attacks on 9/11 appear to be attacks on capitalism and part of the plan to an all out overthrow of our system of government. The people that make up the New World Order are media moguls, CEO’s and many others elitists. The coup d’etat is also the reason why the CEOs who ran in the last midterm didn’t get elected and why the republicans are taking over.

    You will not read about this in the media. Most of the media now has been forced to cooperate or have been paid to cooperate.

    Here’s what Osama, Obama, Biden, Bin Laden, the FBI’s Most Wanted Terrorists, and Sarah Palin had to do with the last election and the military’s overthrow of our government. Search ElectNoMoreSpys.blogspot

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