November 30, 2005

Smell The Money, George

When all else fails, such as when confidence in the stockmarket hits all time lows and the resultant housing bubble reaches a point of sheer ridiculousness, the rich put their money into GOLD:
The gold price has reached a critical stage and could run on to highs not seen for 25 years if it maintains its strength in the next quarter, a gold industry conference has heard.

The gold price broke the barrier of $US500 an ounce on Tuesday, reaching its highest level since 1987.

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