Wednesday, September 9, 2009


Back in January I wrote a post with some predictions for 2009. Almost all of them have came true exactly as I predicted or have come very, very close.

One of my predictions for 2009 was that gold would hit 1200 an ounce. Today it has soared over 1,000 and I don't think it is going to slow down just yet.

The price of gold has touched $1,000 an ounce for the first time in six months.

The move could be seen as a sign that investors believe the worst of the global recession is over and are worried about inflation.

Others who are less convinced about the strength of the recovery are moving into gold, which is usually sought as a haven from economic turmoil.

Caroline Hepker reports from New York.

I can only say one thing... "Gold to da moon Alice!"

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