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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4951)3/13/2008 9:07:08 AM
From: RockyBalboa  Read Replies (1) of 71409
 
Here we go! Reuters
US gold hits $1,000 record high
Thursday March 13, 8:36 am ET

NEW YORK (Reuters) - U.S. gold futures rallied to a record high of $1,000 an ounce on Thursday, fueled by a combination of a weakening dollar, strong investment demand and inflation fears due to rising crude oil prices.
At 8:27 a.m. EDT, the active contract for April delivery was up $17.30 or 1.7 percent at $997.70 an ounce. Just minutes earlier, it had hit an all-time high of $1,000 on the COMEX division of the New York Mercantile Exchange.
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