Tuesday, August 2, 2011

Gold Hits New High In U.S. Dollars

Today U.S. President Obama signed into law the "Budget Control Act," which is anything but budget control. In response, gold hit a new high, measured in U.S. dollars, of $1,643, up over $23 an ounce.

Please recognize gold pricing will continue to flucuate up and down but this is a bad sign to those who believe the U.S. government is getting control of its staggering and rapidly growing deficits.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4944906

Dick

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