Gold Aims for $900
In this afternoons trading Gold broke through $895 and remains strong, just slightly below that level as of this posting. This is all new territory for the most popular of precious metals, but investors are exibiting exceptional confidence in gold as a cautionary infaltion hedge.
If conditions remain the same, you can expect to see record breaking $900 an ounce gold today or tomorrow. If gold holds well at this benchmark, the bull may keep running.