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Gold price hits record high as dollar wanes

Posted in the Australia Forum

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Andre

Sydney, Australia

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#1
Nov 10, 2009
 
Gold prices hit a record above 1,100 dollars on Monday with the dollar weakening after a pledge by G20 countries to keep economic recovery pumped up with easy money.

In morning trading here, gold struck an all-time peak of 1,109.50 dollars an ounce as the euro rose to 1.50 dollars for the first time in two weeks.

Gold “established itself above the psychological (1,100-dollar) level this morning as ministers at the weekend G20 meeting pledged to maintain their fiscal stimulus measures,” said James Moore, an analyst at TheBullionDesk.com .
http://www.breitbart.com/article.php...
yinyang now

Adelaide, Australia

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#2
Nov 10, 2009
 
The gold loving J's WILL be pleased.
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Daily Horoscope for December 16

Leo

Life has plenty of enjoyables to offer during the next two weeks, Leo. So perfect if you want this to be a December to remember. With Mars bubbling in your sign, your popularity will be even higher than usual. As the famous party animal, Lions will certainly be in great demand. Social commitments are so demanding, but getting into a new artistic project or new creative skill will really boost your ego.

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