Saturday, September 12, 2009

Gold Makes Record Weekly Closing High


click on chart to enlarge


Gold soared this week taking out $1,000/ounce after a rough and tumble battle with The Powers That Be who want gold below the magical millenial level. Cash Gold closed at $1005/oz the highest weekly close EVER. Look for more upside fireworks in the weeks and months to come. The debasement of the US currency is fully underway, when the average Joe understands whats happening all hell will break loose in the gold and currency market.-Lou




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