[Palter]

Sigh. That’s a confidence boost for the dollar. /s

[TheWriterTX]

With the FOREX going nuts, China's downgrade on us and being downgraded for their toxic assets, and the EU debacle, investors are hedging their bets on gold. Not a surprise.

I'm betting it will hit 2K before year end. I'll sell all my single earrings, unwanted jewelry, and make a bundle.

Wish I could have invested in it when it was $1,300 an ounce, but every appliance decided to keel over this year, including 10K for the HVAC, plus a new roof and fence. Ugh!

[dollarbull]

Sigh. That’s a confidence boost for the dollar. /s

The dollar is toilet paper just like the other paper currencies. Gold will punish them all - it's quoted in 4 digits now against ALL currencies. Gold isn't changing, the fiat currencies are.