email:  
 
 
  
 

Wednesday, May 03, 2006

Gold Futures Have Been On A Tear

Next stop $700? Gold futures have been on a tear the last few weeks, gaining nearly $80 per ounce since the middle of April. With more and more investors looking for ways to diversify their assets from stocks and bonds, precious metals have come back into favor, especially with the threat of inflation rearing its ugly head, as energy prices continue to make new highs. Gold ownership has always been considered an inflation hedge, as well as a store of value in times of political upheaval. Read More....