Monday, August 1, 2011

Gold Breaks £1000 For 1st Time

While Americans dump gold and silver today over the imminent debt ceiling hike agreement, our friends across the pond are busy scooping up every last ounce dumped by the American hedge funds.
Gold has broken out today in pounds, and set a NEW ALL-TIME NOMINAL HIGH, as well as crossed the £1000 level for the first time.