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Commodities Briefing - Categorized | Bullion/Gold, Research more

Third time lucky for gold - the ultimate money?

Posted on 23 February 2009

From Mineweb.com: As this article was commenced, the gold price was at $997 and seemingly inexorably headed towards breaching the US$1,000 level once again. Indeed by the time you read this it may well already have done so. April futures had already marginally gone through the $1,000 level.

The big question is, assuming spot gold does push through $1,000, will this be third time lucky for the gold bugs? Gold has breached $1,000 twice beforehand and on each occasion its climb into the four figure level was shortlived….. Full Article: Source


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This post was written by:

VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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