“Gold is in the 12th year of a bull run, 13.5 percent higher this year, as investors seek to hedge against weaker currencies and the threat of rising consumer prices. Holdings in gold- backed exchange-traded products expanded to an all-time high yesterday, and Bank of America Corp. and Deutsche Bank are among banks forecasting that the price will rally to a record. Immediate-delivery gold reached $1,779.50 an ounce on Sept. 19, the highest price since February, after central banks took further steps to bolster their economies hurt byEurope’s debt crisis.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
NYPD To Launch All-Seeing System To Track Crime
Police Officer Faces Charges In Fatal DUI Crash
Belgium opens beer temple in former stock market building
DC ambulance breaks down over EPA emissions controls; passenger dies
China Orders Ban on New Government Buildings
Afghanistan gains will be lost quickly after drawdown: NIE
NSA chief denies that the agency is spying on your Facebook profile
S. Korea, U.S. practice occupying N. Korea
Obama signs Russian human rights law, angers Putin
Bernanke Says Europe Needs Its Own 'Single Fiscal Authority'
Women join ranks of Assad’s new paramilitary force in Syria
Convicted Italian earthquake scientists resign over L'Aquila quake verdicts
Banking Crisis Awakens Hopes for Cyprus Reconciliation Between Turks and Greeks
Facebook to have privacy policies audited for two decades under FTC deal
Ron Paul: Bitcoin could 'go down in history as destroyer of the dollar'