Gold: We’re an all time high…

GOLD hit an all time high..again….1237.90 now…let’s switch Bond theme songs…

GOLD traded overnight over 1240! yowsa! probably get a pullback soon but as insurance against devaluing dollars it is still IMO a must for 20% of your holdings, hard gold not ETFs, and a safety deposit box at the bank!

May 12, 2010. Tags: commodities, Currency, Deflation, devaluing the US Dollar, Economy, Gold, Inflation, James Bond, rita coolidge. Economy, Finance, Music, Politics, Wall St. Comments off.