Explosive Morning For Precious Metals

All four of the precious metals we numismatists follow regularly are exploding with investor demand this morning. Buying is skyrocketing on concern over possible shortages of gold, anticipation of tough economic times on the horizon and a desire to secure a solid inflation hedge with a position in the currently ultrapopular commodity.

New record highs were established this morning for Gold at $919 and Platinum near $1690. Silver and Palladium are not far behind, with spot prices riding at nearly $16.50 and $380 respectively, at the time of this posting.