Gold Strong Today.
We’re you watching gold today? Early this morning it took off and didn’t look back after a short dip. If you want to follow the spot price in real time, try the free real time Adobe Air application ExactPrice.
Right now the spot price is $1,256.80.
I have a number of links worth looking at today which in my view relate to direction of our economic future globally and domestically.
Ed Steer’s Gold and Silver Daily is a must read with a number of good links and analysis you should check out: It’s Time to Devalue the Dollar Against Gold: Jim Rickards and here is the link to Part Two of the Interview.
He makes mention of the Jim Rickards interview on King World News. It is a must and here is the link here: Saturday, September 4, 2010
Dangerous Defeatism is taking hold among America’s economic elites By Ambrose Evans-Pritchard
“The US economy has slowed to stall speed: successive quarters of 5pc growth, 2.7pc, and 1.6pc (to be revised down), the worst recovery of the post-war era. Such is the crush of debt.”
This Thought Of The Day is a short must read from Jim Sinclair.
“Investors are starting to realize that gold is a storehouse of value and a safe haven in times of turmoil.”
“Remember, buy into bull markets as early as possible and hold.”
“So, if we resign ourselves to more stimulus, what does that mean for the Gold price?”
An online movie that Peter Grandich points us at are worth taking the time to watch: Change to Unhappy Labor Day
That’s it for today. Until next time. Keep tracking.