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Gold Hits Landmark Level of $1000
Real value?
You heard it right. Gold hit a record price of $1,000 U.S. dollars an ounce. Yep a thousand. As the price of gold inflates, the dollar deflates.
Which in turn makes gold worth more and more on the American market.
.All over the country, people have stopped buying jewelry and started selling it
Checkout this feature from MSNBC
*RSS readers may have to click through to see the video
With the high price of oil and the low value of the dollar, gold is a stable investment for those who have money to burn.
For the rest of us who need the cash more than we need our grandmother’s gold bangles, the high prices are just what we’ve been waiting for.
How high can it go?
Can it go higher? We hope so, be sure to subscribe and we’ll keep you posted.
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