Thursday, 12 November 2009


Gold Hits New Highs


Gold exploded to $1,119 an ounce today, as the dollar plunged to a new 15-month low.

China Confidential analysts continue to predict $1,400 as the next milestone for gold--and $2,000 an ounce before the end of next year.

Gold is up 26% year-to-date. In 2008, the price increase was only 5.5%.