For those of you wise enough to invest already Im sure you have a big grin on your face! For those of you who havent …..read on…
Gold has just soared past its previous all time record and is hitting new highs again today, golds spot price closed yesterday at $1337.10.
Also yesterday the US government announced their brilliant idea of buying $75,000,000,000 of treasury bonds. To you and me thats printing $75 billion of new money and throwing it into the system.
Sound comical? Sound sane? Well if you thought that was bad they declared they were going to do it EVERY MONTH from now till June! Upon which news Gold has soared to $1391.64 a grand total of $54.54 in a day or an increase of over 4%, thats 1489% APR. If you werent sure before you should be by now!