
Yes, those companies buying at scrap gold prices know something most people don't pay any attention to. Have you seen the price of gold, lately? It was over $1220 an ounce last week, and likely to go higher.
International Level: Ambassador / Political Participation: 595 59.5%
Having a bit of each is probably the best idea. I personally haven't cashed in any gold. I really don't need the cash right now but I wonder if gold theft has gone up because of the worth of it now.
International Level: New Activist / Political Participation: 25 2.5%
Gold has reached the incredible worth of $1,500, the most it has ever been worth. Gold holders will be jumping for the extra cash now if they've waited.
International Level: Junior Politician / Political Participation: 100 10%
It's crazy, isn't it? I've been watching precious metals prices because of an analyst's comment that it would go well over $2,000/oz. Scary thought. Especially since at the same time oil is skyrocketing. I think it just means we'll have persistent inflation for a few years -- or another market crash.
International Level: Ambassador / Political Participation: 595 59.5%
Gold Climbs Above $1,900 as Concern About Slowing Economies Stokes Demand:
Bullion jumped 3.1 percent on Sept. 2, the most in almost four weeks, as data showed the U.S. Jobs market stalled in August, fueling concern the country's economy may be headed for a recession. Ref. Source 6
Gold prices slump as investors fret
Gold prices have slumped on Friday, on track for the third-worst day in two decades as traders sold to cover losses, while stocks were mixed in a jittery market worried about the growing possibility that Greece will default. Ref. Source 8
GERMANY TO REPATRIATE & AUDIT 150 TONES OF GOLD RESERVES FROM NY FED!
The German Constitutional Court has ruled that the Bundesbank must conduct an audit on German Central Bank gold holdings, and in anticipation, has begun the repatriation of German gold from the NY Fed. The Bundesbank will request the NY Fed ship 50 tones of German gold back to the motherland Ref. Source 5