On Mon, 30 Nov 2009 23:58:08 -0500, "Ed Huntress"
wrote:
snip
A lot of people who are buying gold are in for a sleighride, as always
happens. Like any speculative commodity, it only looks good when you
get in on the way up and get out before it goes down.
snip
================
Up -- Up -- Away -- in my beautiful balloon.
http://www.bloomberg.com/apps/news?p...d=a3z9UQ2_y6dA
Gold Climbs to Record on Inflation Outlook as Dollar Declines
By Claudia Carpenter and Millie Munshi

Dec. 1 (Bloomberg) -- Gold jumped to a record above $1,200 an
ounce in New York as declines in the dollar and higher commodity
prices spurred investor demand for the precious metal as an
inflation hedge.

Gold rose for the 11th time in 12 sessions as the U.S. Dollar
Index fell after China’s manufacturing grew at the fastest pace
in five years. The Standard & Poor’s GSCI index of 24 commodities
rose to a one-week high, led by cocoa, energy and silver.
==Morgan Stanley and BlackRock Advisors LLC increased their gold
assets in the third quarter, U.S. filings show.==
snip

http://www.bloomberg.com/apps/news?p...d=aaZC5GeV9fkw

http://www.bloomberg.com/apps/news?p...d=adjC_SauMl4I

We are living in interesting times....