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Gold prices hit $700 an ounce

Gold prices surged to a new quarter-century high of $700 an ounce Tuesday as funds bought into the market, driven by tension between the United States and Iran and expectations of a pause in interest rate ...

Full Story: Myrtle Beach Online

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Sparky

Leicester, MA

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#1
May 10, 2006
 
This tells you what a dollar is really worth. Funny how this inflation just happens all at once and how over-printing massive amounts of dollars is not the reason. The new stock market high is not there on merit, it's there on hyper-inflated numbers.
mcgyver

Sacramento, CA

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#2
May 10, 2006
 
The only thing I can add is

crap,,,, I should have bought a ton when it was only $280 an oz
KenB

Shaw A F B, SC

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#3
May 11, 2006
 
Just to let you know, there are many europeans and asians that have stated that gold will be over $800 per oz. by the end of the year. The american dollar is worth anything overseas anymore, that's
why gold is skyrocketting. Not gold stock, but gold itself. Now would be a good time to buy a few ounces, to have on hand. I doubt that its going to go down, with all that's going on in the world, with gas & oil prices up there also.
victoras

Lexington, SC

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#4
May 12, 2006
 
mcgyver wrote:
The only thing I can add is
crap,,,, I should have bought a ton when it was only $280 an oz
the contrairians were telling us that the pop-analysts were wrong about gold being a 20th century relic...

ole
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