Tuesday, October 6, 2009

Gold Rush, Part 2

Gold is trading at an all time record high right now, $1,041 an ounce. It has gained nearly $25 today alone. The weak dollar is also pushing stocks up substantially.

A lot of people are betting on the dollar to lose.

I've long said that a gold rush would be a major sign of the dollar's impending collapse. We're seeing it happening in real time here, folks. Dollar's at 1.475 to the Euro and falling.

Things are about to get interesting.

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