Monday, August 8, 2011

Obama Speaks, Gold Spikes to $1720, Breaks Cartel 2% Daily Cap

Glad our President can instill so much confidence.
Gold vaults another $10 when Obama opens his mouth, hits new all-time nominal high of $1721.10, up $55 on the day, and more importantly:

Gold has broken the cartel 2% daily cap on prices rises...up a whopping 3.3%


w York Spot Price

light

MARKET IS OPEN
(Will close in 3 hrs. 5 mins.)
Metals
Time
(EST)

Ask Change
High
Buy gold Gold Charts  GOLD
14:11
1721.00
+56.60
+3.22%

1721.10

Live New York Gold Chart [Kitco Inc.]