Gold Rush, Part 8

Well with the world's currencies going to crap, gold is back big time.

Gold surged to a record high on Wednesday as investors sought safety from the risk of Greece's debt crisis spreading to other countries, with demand for coins, bars and bullion-backed exchange-traded funds all climbing.

Spot gold hit $1,244.45 an ounce, a gain of nearly 20 percent since early February. It was last bid at around $1,238 an ounce from $1,232.05 late in New York on Tuesday.

U.S. gold futures hit a record $1,245.40 an ounce. 

And that's only going to get worse.  The dollar's shot, now the euro's shot, and even better, that mean oil's going to go up too, watch.