Gold up US$88 overnight in NY and back on track towards $1,000 I predict ( and I'm not the only one predicting it). From Yahoo Finance.... "Top Stories Gold Glitters as Metal Posts Biggest 1-day Gain Ever- AP
Gold prices exploded Wednesday -- posting the biggest one-day gain ever in dollar terms -- as fears of more credit market turmoil unnerved investors and triggered a flood of safe-haven buying. Gold for December delivery rose as much as $90.40, or 11.6 percent, to $870.90 an ounce in after-hours trading." The troubles in the US hadn't kicked in on the gold price...until last night. Oil will go higher, the US dollar will weaken, the Aussie dollar will go up and it all looks good for Maximus's gold production sales at Selheim. Keep digging up those nuggets. Bring on Bird in Hand in the Adelaide Hills ! Go gold.
MXR Price at posting:
7.7¢ Sentiment: ST Buy Disclosure: Held
