Gold sets another nominal high.
Are you tracking gold and silver spot prices in real time? If not then you missed it setting a new nominal high today over $1,431. Track it in real time with the free app, ExactPrice.
Right now profit taking is set in. Typical play of those seeking to game the system when it comes to daily plays in the commodities market, I think.
Anyway I’ve got a number of reads for you. Most important first:
The Shaky Foundation of the Financial System – Another important piece.
No end in sight to U.S. economic crisis as ‘scariest jobs chart ever’ shows post-recession unemployment is at its worst since World War Two – the graph here should put some fear into our government.
Lear Capital: Bush Tax Cuts to Drive Inflation and Gold Higher – Dollar Lower – Some excellent points here.
Gold showing its safe haven properties – Why yes, yes it is.