« Gold and Platinum at Record Highs This Morning. | Main | New York Diamond Dealers Club To Receive Special Award from U.S. Gov't. »
$700 Gold Is HERE!
Gold rose to $700 an ounce in New York for the first time since October 1980 as tensions increased over Iran's nuclear-research program.
The U.S. government said a letter from Iran's president hasn't reduced its determination to halt the Islamic republic's nuclear research. Geopolitical turmoil can spur investors to buy precious metals as a store of value. Gold touched a record $850 in January 1980 after a 1979 Iranian revolution slashed oil exports and spurred 12 percent inflation in the U.S.
``No one is buying Iran's overtures,'' said Frank McGhee, head metals trader at Integrated Brokerage Services LLC in Chicago. ``This is purely a geopolitical move for gold. We've been here before. The difference is that this time, there are nukes involved.''
Gold futures for June delivery gained $20.10, or 3 percent, to $700 an ounce at 11:24 a.m on the Comex division of the New York Mercantile Exchange. A close at that price would be the highest since October 1980. Prices are up 63 percent in the past year.
Comments
I kinda like this blog. For some time, I've been making an attempt to create one one thing like this as effectively, nonetheless I am not pc gifted on how one can do it.I kinda like this blog. For a while, I have been making an attempt to create one something like this as nicely, nevertheless I am not computer gifted on the right way to do it.
Posted by: alldatadiy coupons on March 22, 2011 8:13 AM
I'm really impressed with your writing skills as well as with the layout on your weblog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, it’s rare to see a nice blog like this one these days..
Posted by: silownia on April 22, 2011 12:56 AM
I enjoy keeping up to date on everything new so i??? ll undoubtedly be bookmarking th is internet site.
Posted by: Cheap rosetta stone on April 22, 2011 12:55 PM
extra interesting on th is site.
Posted by: Christian Louboutin Pumps on April 23, 2011 3:21 PM
I'll gear this review to 2 types of people: current Zune owners who are considering an upgrade, and people trying to decide between a Zune and an iPod. (There are other players worth considering out there, like the Sony Walkman X, but I hope this gives you enough info to make an informed decision of the Zune vs players other than the iPod line as well.)
Posted by: Christian Louboutin Sandals on April 24, 2011 10:50 PM
And alright, Aol. was radical even by my requirements but maybe it ai notall unhealthy. There may be some kind of distinctive signature there. The essential debate about Wolff Olins credibility remains a mystery to me although. I've always admired their function. Wonderful job Brand new! See you within the new yr!
Posted by: rosetta stone software on April 25, 2011 11:49 AM
Howdy, i read your weblog occasionally and i own a comparable one and i was just wondering if you get a great deal of spam comments? If so how do you stop it, any plugin or anything you can advise? I get so much lately it's driving me mad so any assistance is extremely considerably appreciated.
Posted by: fluval filters on May 8, 2011 3:45 PM
All I wish to say is, yes! Yes! Yes! Youre so correct. I desire to get behind this so much. You speak with so much authority, so considerably spirit, I feel as though youve definitely hit the nail on the head. Very good job with this. Please maintain brining us much more since we need much more of your kind of blogger.
Posted by: fluval filters on May 9, 2011 12:59 AM
Pretty good posting right here,. I by no means considered that I'll catch any data like that ,but your put up really assist me.Awesome issues are sharing here.I like your publish ,Now I'm ready to your next post.So keep writing.
Posted by: Conseils Voyage on May 21, 2011 9:35 PM
Youre so appropriate. Im there with you. Your blog is definitely worth a read if anyone comes across it. Im lucky I did because now Ive got a entire new view of this. I didnt realise that this issue was so crucial and so universal. You definitely put it in perspective for me.
Posted by: Boots Travel Insurance on June 5, 2011 2:41 AM
Hrmm that was weird, my comment got eaten. Anyway I wanted to say that it is nice to know that somebody else also mentioned this as I had trouble obtaining the same information elsewhere. This was the very first place that told me the answer. Thanks.
Posted by: Speaker Stands on June 5, 2011 2:37 PM
Hi. this is kind of an -unconventional- question , but have other visitors asked you how get the menu bar to look like you have got it? I also have a weblog and am really seeking to alter around the theme, nevertheless am scared to death to mess with it for fear of the search engines punishing me. I'm extremely new to all of this ...so i am just not positive exactly how to attempt to to it all but. I'll just keep working on it 1 day at a time.
Posted by: Gap Year Travel Insurance on June 5, 2011 5:57 PM
You...are...my...hero!!! I cant believe something like this exists online! Its so true, so honest, and more than that you simply dont sound like an idiot! Lastly, someone who knows the way to talk about a subject without sounding like a kid who didnt get that bike he wanted for Christmas.
Posted by: wireless stereo speakers on June 5, 2011 6:36 PM