Gold Surpasses $1,000 on Fears of Inflation

Fears fomented by long-term inflationary concerns over President Obama's huge stimulus package drove investors to gold as a hedge against likely devaluation of the U.S. dollar. Historically, the price of gold has been intimately wed to the value of the U.S. dollar. This was not difficult to predict. Read More

Gold: Near Record High and Potential to Reset

The price of gold continues to climb this month, as investors fears continue to drag on the American dollar.   The price stood at $950 per ounce last week, as the U.S. President Barack Obama pleaded and actually sort of bullied Congress to take action on his Stimulus plan.  The "safe haven" appeal Read More