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Gold Tops $1,400, a First
Wall Street Journal ^

Posted on 11/08/2010 12:39:20 PM PST by Sub-Driver

Gold Tops $1,400, a First

By MATT WHITTAKER

Gold futures topped $1,400 for the first time amid uncertainty on the outcome of Group of 20 currency talks and worries about sovereign debt in Europe. [gold1108] Getty Images

Further highlighting gold's role as an alternative currency, the World Bank president advocated the inclusion of the metal in a revamped global monetary system.

The most actively traded contract, for December delivery, rose $5.50, or 0.4%, to settle at $1,403.20 a troy ounce on the Comex division of the New York Mercantile Exchange. The contract hit an intraday record of $1,409.40 in electronic trading after the close. The front-month November contract also rose, $5.50, or 0.4%, to $1,402.80.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: gold
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To: Kozak

Not as metallic as tin. A little harder than gold. And, when I rub my feet on the carpet, it gives a hell of a shock.


21 posted on 11/09/2010 7:34:36 AM PST by Vermont Lt (We are so screwed.)
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To: Kozak

Not as metallic as tin. A little harder than gold. And, when I rub my feet on the carpet, it gives a hell of a shock.


22 posted on 11/09/2010 7:34:41 AM PST by Vermont Lt (We are so screwed.)
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To: Vermont Lt
You can too eat gold...


23 posted on 11/09/2010 7:43:53 AM PST by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: Kozak

I know, I saw that a while ago. How stupid is that?

When I see crap like that, it is no wonder the rest of the world hates us.


24 posted on 11/09/2010 8:07:04 AM PST by Vermont Lt (We are so screwed.)
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