The Krile Files

An All-Time High

January 11, 2008 · Leave a Comment

Why should you care that gold futures are in unknown territory? Hutch does as good a job as I’ve seen explaining it.

Gold Futures Rise To $900 Ounce Price, Record

Today, for the first time in history – the price of Gold rose to $900 an ounce in futures trading. That record price is bad news for an already hurting U.S. economy and spells bad news for optimistic economic watchers that hoped the United States would avoid a recession in 2008. The price of Gold is tied directly into[...]

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