Archive for September 23rd, 2008

Sep 23 2008

Gold Investments Market Update - Prospect of $1 Trillion US Annual Budget Deficit - Precious Metals Surge

Published by Mark O'Byrne under Market Updates

Prospect of $1 Trillion US Annual Budget Deficit - Precious Metals Surge
Gold and silver surged again yesterday (up 5% and nearly 8% respectively) as the serious inflationary consequences of the Treasury’s unprecedented plan to buy up at least $700 billion of toxic assets was realised. Gold surged from $861.40 to close over $900/oz but has [...]

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